The Size of the Sampling Error Is ________

question 30

Multiple Choice

The size of the sampling error is ________.

• A)directly related to the sample size-in other words,the larger the sample size,the larger the sampling error
• B)directly related to the population mean-in other words,the larger the mean,the larger the sampling error
• C)inversely related to the sample size-in other words,the larger the sample size,the smaller the sampling error
• D)inversely related to the population standard deviation-in other words,the smaller the standard deviation,the larger the sampling error

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Definitions:

Preferred Shares

A class of ownership in a corporation that has a higher claim on the company's assets and earnings than common shares, usually with fixed dividends.

Share Capital

The total value of a company's shares of stock that have been issued to shareholders.

Retained Earnings

The portion of net earnings not distributed as dividends to shareholders, but retained by the company to reinvest in its core business or to pay debt.

Contributed Surplus

Contributed Surplus is an equity account that reflects excess amounts received by a company over the par value of its stock from the sale of shares directly to investors.