The Central Limit Theorem Is Important in Statistics Because

question 26

Multiple Choice

The Central Limit Theorem is important in statistics because

• A)for a large n,it says the population is approximately normal.
• B)for any population,it says the sampling distribution of the sample mean is approximately normal,regardless of the sample size.
• C)for a large n,it says the sampling distribution of the sample mean is approximately normal,regardless of the shape of the population.
• D)for any sized sample,it says the sampling distribution of the sample mean is approximately normal.

---

Definitions:

B₂B Marketing

B2B marketing, which is the process where one business sells its products or services to another business.

Rolled Steel

Steel that has been processed through a series of rollers at high temperatures to achieve a specific shape and thickness.

Automaker

A company that manufactures automobiles, including cars, trucks, and other vehicles.

Straight Rebuys

Recurring purchases of the same goods or services without significant modification or consideration of new suppliers, typically routine for businesses.