The Central Limit Theorem States That the Sampling Distribution of Sample

question 94

True/False

The central limit theorem states that the sampling distribution of sample means will closely resemble the normal distribution regardless of the sample size.

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Definitions:

Stock Purchases Register

A ledger or record keeping log for tracking all purchases of stock inventory over a period.

Voucher System

An accounting system used to authorize and record transactions such as purchases or sales.

Purchases Journal

A record of all purchases of goods and services on credit, aimed at simplifying the accounting process.

Voucher Register

A record of vouchers that have been prepared, detailing amounts to be paid, accounts affected, and supporting documentation.