Which of the Following Is True About the Sampling Distribution

question 47

Multiple Choice

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

• A)Its mean is always equal to
• B)Its standard error is always equal to the population standard deviation s .
• C)Its shape is exactly normal if n is large enough.
• D)None of these choices.

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Definitions:

Missing Value

An absent or unrecorded piece of data in a dataset or equation.

Scheduled Payments

Regular fixed payments made over a period according to a repayment plan, typically for loans or mortgages.

Time Value

The idea that having money now is more valuable than having the same sum later because of the possible earnings it can generate over time.

Economic Value

The worth of a good or service determined by its utility and the market demand, influencing its price.