Which of the Following Is True About the Sampling Distribution $\mu$

question 99

Multiple Choice

Which of the following is true about the sampling distribution of the sample mean?

• A)The mean of the sampling distribution is always \(\mu\) .
• B)The standard deviation of the sampling distribution is always \(\sigma\) .
• C)The shape of the sampling distribution is always approximately normal.
• D)All the above are true.

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Definitions:

Grossly Negligent

A severe lack of care or the extreme departure from the care a reasonable person would exercise in a similar situation, often resulting in harm or damage.

Actual Fraud

Deliberate deception by one party to secure unfair or unlawful gain, or to deprive another party of a legal right.

Ultramares Rule

A legal principle that limits the liability of accountants for negligence to parties with whom they are in direct contractual relationship unless fraud is involved.

Duty of Care

A legal obligation requiring individuals and entities to exercise a reasonable standard of care to avoid causing harm to others.