(I as the Sample Size (N) Increases, the Spread in the Distribution

question 11

Multiple Choice

(i. As the sample size (n) increases, the spread in the distribution of the sample means increases.
(ii. If the sampling size equals the population size, the sampling error is zero.
(iii) If a population is normally distributed, the sampling distribution of the mean is normally
Distributed.

• A) (i), (ii), and (iii) are all correct statements.
• B) (i) and (ii) are correct statements but not (iii).
• C) (i) and (iii) are correct statements but not (ii).
• D) (ii) and (iii) are correct statements but not (i).
• E) (i), (ii), and (iii) are all false statements.

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Definitions:

Diseconomies Of Scale

Diseconomies of Scale arise when a company or business grows so large that the costs per unit increase, leading to inefficiency and increased production costs.

Utilization

The ratio of the actual output of a facility to its potential output under full capacity, usually expressed as a percentage.

Efficiency

Actual output as a percent of effective capacity.

Effective Capacity

The maximum output level that an organization can sustain under normal conditions, considering the limitations of time, resources, and constraints.