Which of the Following Statements Is Correct

question 28

Multiple Choice

Which of the following statements is correct?

• A) The distribution of the values in a sample is called a sampling distribution.
• B) The variability of sample means is never smaller than that of the population being sampled.
• C) The larger the sample size is, the larger is the standard error of the mean.
• D) The distribution of the values of a statistic over all possible samples of fixed size is called a sampling distribution.

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Definitions:

Economic Freedom Index

An annual index that measures a country's economic freedom based on factors such as trade freedom, business freedom, investment freedom, and property rights.

Investment Freedom

The ease with which individuals and corporations can allocate their resources without facing excessive regulatory hurdles.

Trade Freedom

A measure of the absence of trade barriers that affect imports and exports, such as tariffs and quotas.

Fiscal Freedom

The degree to which individuals and businesses control their own economic resources, including the policies and laws that influence taxation and government spending.