A Random Sample of Size 36 Is Taken from a Population

question 102

Multiple Choice

A random sample of size 36 is taken from a population with mean 50 and standard deviation 5.The sampling distribution of ____________________.

• A)Cannot be determined
• B)Is skewed to the left
• C)Normal
• D)Is skewed to the right

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Definitions:

Internal Control

Processes adopted by organizations to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.

Data Integrity

The accuracy, consistency, and reliability of data throughout its lifecycle, ensuring it remains intact and unaltered from its original state.

Operating Reserves

Funds set aside by an organization to support operations and ensure financial stability in the event of unexpected circumstances or emergencies.

Short-Term Instruments

Financial tools or securities that have a short maturity period, often less than one year, used for investment purposes.