The Sampling Distribution of the Mean Has Minimum Variance

question 67

True/False

The sampling distribution of the mean has minimum variance.

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Definitions:

Philanthropy

The act of donating money, goods, services, and time to support a socially beneficial cause, aiming to improve human welfare.

Equity

The value of an ownership interest in property or a business, minus liabilities; in finance, it often refers to stocks or shares representing ownership in a corporation.

Financing

The process of providing funds for business activities, making purchases, or investing.

Venture Capitalist

An investor who provides capital to startup ventures or supports small companies that wish to expand but do not have access to equities markets.