The Distribution of the Values of a Sample Statistic Computed

question 22

Multiple Choice

The distribution of the values of a sample statistic computed for each possible sample that could be drawn from the target population under a specified sampling plan is called the ________.

• A) confidence level
• B) sampling distribution
• C) normal distribution
• D) standard deviation
• E) standard values distribution

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Definitions:

Flow Concept

Economic measures that are defined over a period of time, such as income or expenditure, contrasted with stock concepts measured at a point in time.

Wealth

The accumulation of valuable financial assets and physical possessions which can be used to produce more income or sold for monetary value.

Income

The income earned, particularly on a consistent basis, from employment or investment returns.

Stock Concept

An economic term describing quantities measurable at a point in time, such as wealth or capital.