If the sample mean x of a random sample from an x distribution is relatively small, then

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If the sample mean x of a random sample from an x distribution is relatively small, then the confidence interval for μ will be relatively short.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Statistics For Business And Economics

ISBN: 9780321826237

12th Edition

Authors: James T. McClave, P. George Benson, Terry T Sincich

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