As the Size of the Sample Increases,what Happens to the Shape

question 40

Multiple Choice

As the size of the sample increases,what happens to the shape of the distribution of sample means?

• A)It cannot be predicted in advance.
• B)It approaches a normal distribution.
• C)It is positively skewed.
• D)It is negatively skewed.

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Definitions:

Interest Rates

A financial charge, calculated as a portion of the principal, assessed by a lender against a borrower for the loan of money or assets.

Marginal Extraction Cost

The additional cost associated with extracting one more unit of a resource, considering factors like difficulty of extraction and resource depletion.

Discount Rate

The interest rate that an eligible depository institution is charged to borrow short-term funds directly from a central bank.

Market Price

The current price at which an asset or service can be bought or sold in the open market.