If the Sampled Population Has a Mean of 48 and Standard

question 20

Multiple Choice

If the sampled population has a mean of 48 and standard deviation of 16,then the mean and the standard deviation for the sampling distribution of for n = 16 are

• A) 4 and 1.
• B) 12 and 4.
• C) 48 and 4.
• D) 48 and 1.
• E) 48 and 16.

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Definitions:

Long-Term Contracts

Agreements between parties that last over an extended period, often used to secure pricing, terms, and conditions.

Federal Deposit Insurance Corporation

A U.S. government agency that protects depositors in the event of a bank failure by insuring deposits up to a certain limit.

Money Supply

The total amount of money available in an economy at a specific time.

Tax Increases

Government-imposed hikes in taxes intended to raise additional revenue for public spending or to influence economic behavior.