Question: The Central Limit Theorem is important in statistics because (a) It states that the population will always be approximately normally distributed. (b) It states that

The Central Limit Theorem is important in statistics because

(a) It states that the population will always be approximately normally distributed.

(b) It states that the sampling distribution of the sample mean is approximately normally distributed for a large sample size n regardless of the shape of the population.

(c) It states that the sampling distribution of the sample mean is approximately normally distributed for any population regardless of the sample size.

(d) For any sized sample, it says the sampling distribution of the sample mean is approximately normal.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Inferential Statistics Questions!

Question 1 The Central Limit Theorem is important in statistics because Select one: a. For any population, it says the sampling distribution of the sample mean is approximately normal, regardless of...

Golden Gate University X GU Quiz 7 X Launch Meeting - Zoom X + od/quiz/attempt.php?attempt=659867&cmid=2004433 ARD GGU.EDU HELP MY COURSES - The Central Limit Theorem is important in statistics...

The Central Limit Theorem (CLT) tells us that the sampling distribution of a sample statistic is approximately normally distributed, as long as: (a) The population is normally distributed (b) The...

1. According to Central Limit Theorem, when n is large the sampling distribution of sample mean x , is approximately normally distributed even when the population is not normal. (Hint: refer to the...

QUESTION 1 Which statement(s) about the standard error of the mean is(are) true? A. The standard error of the mean is never larger than the standard deviation of the population. B. The standard error...

1. Find the sample mean x, median, variance s2, and standard deviation s of the following data: 15 10 25 12 40 2. Compute a 95% confidence interval for the true population mean if the sample mean x...

Q1. As the sample size increases, the standard error of the mean increases. a. true b. false Q2. The Central Limit Theorem is important in statistics because a. for a largen, it says the population...

Before answering the question, comment what is being tested and show work Chapter 7 AP Statistics Practice Test Section 1: Multiple Choice Select the best answer for each question. 17.1 A study of...

before answering, comment what is being tested and show work Section I: Multiple Choice Select the best answer for each question. 17.1 A study of voting chose 663 registered voters at ran- dom...

Idaho Ideal Potatoes, Ltd., developed a new guacamole-flavored potato chip and wanted to ascertain the national sales potential for this unique product offering. However, the market researcher found...

Webber Company has provided you with the following information concerning its shareholders equity: Common stock, $ 1 par value, 1,000,000 shares authorized, 650,000 shares issued, 600,000 shares...

13-3 A common way to assess the likelihood of an inherent risk is to measure its a. incremental cost. b. probability. c. lost revenues. d. company reputation.

Indicate whether the following accounts would normally possess a debit or credit balance: (a) Salaries, (b) Debtors, (c) Creditors, (d) Plant and machinery, (e) General reserve, (f) Patents, (g)...