The Name for the Pattern of Values That a Statistic

question 12

Multiple Choice

The name for the pattern of values that a statistic takes when we sample repeatedly from the same population is

• A) the bias of the statistic.
• B) the sampling distribution of the statistic.
• C) the scale of measurement of the statistic.
• D) the variability of the statistic.
• E) the sampling error.

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Definitions:

Entry Posted

The action of recording an accounting entry in the ledger, which finalizes the transaction and makes it part of the financial records.

Debit

A bookkeeping record that causes assets to go up or liabilities to go down on a firm's balance sheet.

Equipment

denotes tangible assets used in operations, such as machinery or office equipment, which have a useful life beyond one accounting period.

Liability

A company's financial debt or obligations that arise during the course of its business operations.