What Is the Purpose of the Sampling Distribution of the Sample

question 28

Multiple Choice

What is the purpose of the sampling distribution of the sample mean?

• A)to obtain the mean of a sample set of data
• B)to construct a probability distribution based on a list of numbers
• C)to provide a link between sample results and population parameters
• D)to describe the distribution of a variable in the entire population
• E)to build a confidence interval

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Definitions:

Estate

All of the money and property owned by a particular person, especially at death.

Equitable Estoppel

A legal principle preventing a party from asserting a claim or right which contradicts what they previously said or agreed to by their actions.

Statute of Frauds

A legal principle that requires certain types of contracts to be in writing and signed by all parties involved to be enforceable.

Improvements

Enhancements made to a property or goods that increase their value or utility.