According to the Central Limit Theorem, _______________

question 70

Multiple Choice

According to the central limit theorem, _______________.

• A)Sample size is important when the population is not normally distributed
• B)Increasing sample size decreases the dispersion of the sampling distribution
• C)The sampling distribution of the sample means is uniform
• D)The sampling distribution of the sample means will be skewed

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Definitions:

Margin

The difference between the selling price of a product or service and its production or acquisition cost, often expressed as a percentage.

Return on Investment

A measure of the profitability of an investment expressed as a percentage of the initial amount invested.

Turnover

The rate at which inventory or assets are replaced over a given period, or alternatively, the total amount of a company's sales or revenues.

Net Operating Income

The total profit of a company after operating expenses are subtracted, but before taxes and interest are deducted.