The Means of All Possible Samples of a Fixed Size

question 9

Multiple Choice

The means of all possible samples of a fixed size n from some population will form a distribution which is known as the .

• A) corollary of the mean
• B) sampling distribution of the mean
• C) standard error of the mean
• D) point estimate

---

Definitions:

Structural Unemployment

A form of unemployment caused by a mismatch between the skills that workers in the economy can offer and the skills demanded by employers.

Supply And Demand Equilibrium

The point at which the quantity of a product demanded by consumers equals the quantity supplied by producers.

Frictional Unemployment

This refers to unemployment that occurs when people are between jobs or are entering the workforce for the first time.

Labor Supplied Exceeding

A situation where the quantity of labor offered by workers surpasses the quantity demanded by employers.