According to the Central Limit Theorem,________

question 39

Multiple Choice

According to the central limit theorem,________.

• A)the population mean and the mean of all sample means are equal
• B)increasing sample size decreases the dispersion of the sampling distribution
• C)the sampling distribution of the sample means is approximately normally distributed
• D)the sampling distribution of the sample means will be skewed

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Definitions:

Note

A financial instrument that represents a debt or obligation between two parties, wherein the issuer promises to pay the holder a certain amount of money at a future date.

Adjusting Journal Entry

An entry made in the accounting journals at the end of an accounting period to allocate items between accounting periods.

Allowance for Doubtful Accounts

An estimate of the amount of accounts receivable that may not be collected, used to reduce the carrying amount of receivables on the balance sheet.

Net Realizable Value

The estimated selling price of goods, minus the costs of their sale or disposal.