As Sample Size Increases, a Sampling Distribution of the Mean

question 18

Multiple Choice

As sample size increases, a sampling distribution of the mean will approximate a normal distribution, regardless of the shape of the distribution of scores in the population. This characteristic of the sampling distribution of the mean is stated in the.

• A)principle of normalcy
• B)principle of empiricism
• C)central limit theorem
• D)independence theorem

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Definitions:

Ownership Percentage

Ownership percentage refers to the fraction or percentage of a company that is owned by a particular shareholder or group of shareholders.

Indirect Cost

Costs that are not directly attributable to a specific product, activity, or project, but are necessary for the general operation of the business.

IPO

Stands for Initial Public Offering, which is the process where a private company goes public by selling its shares to the general public for the first time.

Equity IPO

Initial Public Offering (IPO) of equity shares, where a company offers its stocks to the public for the first time.