For a Population with Any Distribution, the Form of the Sampling

question 91

Multiple Choice

For a population with any distribution, the form of the sampling distribution of the sample mean is

• A) sometimes normal for all sample sizes.
• B) sometimes normal for large sample sizes.
• C) always normal for all sample sizes.
• D) always normal for large sample sizes.

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Definitions:

Trade

The exchange of goods, services, or both between two or more parties.

Factors of Production

The assets employed to produce goods and services, encompassing land, labor, capital, and entrepreneurship.

Command Economy

A type of economic system where production, investment, prices, and incomes are determined centrally by a government.

Central Authority

An organization or governing body that holds the primary power and control over decision-making and regulation within a certain area or scope.