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If N ≥ 30, We Know That the Sampling Distribution

question 20

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If n ≥ 30, we know that the sampling distribution of If n ≥ 30, we know that the sampling distribution of   is: A)  approximately normal. B)  exactly normal. C)  suitable for estimating the unknown parameter p. D)  unknown, because n ≥ 30 alone tells us nothing substantial concerning the sampling distribution of   . is:

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Definitions:

Plant Size

Refers to the physical capacity or scale of a manufacturing facility, which can affect production efficiency, costs, and the firm's ability to satisfy market demand.

Long Run

A period in which all factors of production and costs are variable, allowing for all adjustments to be made within an economy or firm.

Fixed Input

Inputs used in production that cannot be varied in the short term, such as buildings or machinery.

Plant Size

The physical capacity or dimensions of a manufacturing facility.

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