If a Population Distribution Is Known to Be Normal,then It

question 58

Multiple Choice

If a population distribution is known to be normal,then it follows that:

• A)The sample mean must equal the population mean.
• B)The sample mean must equal the population mean for large samples.
• C)The sample standard deviation must equal the population standard deviation.
• D)All of these.
• E)None of thesE.

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Definitions:

Double Value

A term indicating that an item’s or asset's value has increased to twice its original value.

Compounded Quarterly

Interest calculation method where the interest earned is calculated and added to the principal four times a year.

Monthly Compounded

Interest calculation method where interest is added to the principal sum of a loan or deposit each month, leading to interest on interest.

Monthly Compounding

Calculation of interest on the principal sum plus any previously earned interest on a monthly basis.