When the Population Has a Normal Distribution, the Sampling Distribution $X$

question 80

Multiple Choice

When the population has a normal distribution, the sampling distribution of $X$ is normally distributed _____.

• A) for any sample size
• B) for any sample size of 30 or more
• C) for any sample size of 50 or more
• D) for any sample from a finite population

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Definitions:

Surprise Audits

Unscheduled audits not known in advance by the entity being audited, used to ensure accuracy and compliance with financial policies and regulations.

Designated Personnel

Specific employees or staff members who have been assigned a particular task, responsibility, or position within an organization.

Electronic Funds Transfers

Electronic Funds Transfers involve the digital exchange or transfer of money from one account to another either within the same institution or across different institutions.