If a Random Sample of Size N Is Drawn from a Normal

question 44

Short Answer

If a random sample of size n is drawn from a normal population, then the sampling distribution of the sample mean $\bar { X }$ will be: $\begin{array}{|l|l|}\hline A&\text { normal for all values of \( n \).}\\\hline B&\text {normal only for \( n>30 \). }\\\hline C&\text { approximately normal for all values of \( n \).}\\\hline D&\text {approximately normal only for \( n>30 \). }\\\hline \end{array}$

---

Definitions:

Active Approach

A proactive strategy in management or policy-making that involves taking deliberate actions to achieve specific goals.

Aggregate Supply

The sum total of products and services that corporations in an economic system plan to offer for sale during a given time frame.

Recessionary Gap

A situation where an economy's real GDP is lower than its potential GDP, leading to unemployment and underutilized resources.

Self-correcting Economy

An economy that possesses mechanisms to automatically adjust itself to balance out recessions or inflations without external intervention.