A population has a non-normal distribution with mean and variance 2 . The sampling distribution

Question:

A population has a non-normal distribution with mean µ and variance σ². The sampling distribution of the sample mean computed from samples of large size from that population will have:

A. the same distribution as the population distribution.

B. its mean approximately equal to the population mean.

C. its variance approximately equal to the population variance.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

2024 CFA Program Curriculum Level I Volume 1

ISBN: 9781953337672

1st Edition

Authors: CFA Institute

See More Books

Question Posted: Feb 01, 2024 08:29 AM

See More Questions

Under what condition on the constants a, b, and c does the system have a unique solution? No solution? Infinitely many solutions? 2x = y + 3z = a x + 2y + z = b 7x + 4y + 9z = c
Given the following information, prepare a production report with materials added at the beginning and ending work in process inventory being 20% complete with regard to conversion costs. Costs to...
Consider four alternatives, each of which has an 8-year useful life; If the MARR is 8%, which alternative should be selected? Solve the problem by benefit-cost ratio analysis. D Cost $100.0 $80.0...
Edge Company produces two models of its product with the same machine. The machine has a capacity of 166 hours per month. The following information is available. Selling price per unit Standard $ 200...
An investment is guaranteed to have a unique value of IRR if which of the following is true? a. Alternating positive and negative cash flows b. An initial negative cash flow followed by all positive...
Relevant costs, opportunity costs. Larry Miller, the general manager of Basil Software, must decide when to release the new version of Basils spreadsheet package, Easyspread 2.0. Development of...
Write down a regular expression for the following language: L= {w (p, q): number of p's in w is divisible by 4 }
A sample mean is computed from a population with a variance of 2.45. The sample size is 40. The standard error of the sample mean is closest to: A. 0.039. B. 0.247. C. 0.387.
The best approach for creating a stratified random sample of a population involves: A. drawing an equal number of simple random samples from each subpopulation. B. selecting every kth member of the...
Do you feel that consumer concerns relating to CSR will accelerate in years to come? Will this be enough to fundamentally change the current view of CSR around the board of directors' table?
Please read the article ' Six Economic Facts about Health Care and Health Insurance Markets after the Affordable Care Act by the Hamilton Project'. Out of the six facts, please choose the two that...
Review the information in Part One of the Project 5789 Case Study document, including the location analysis, then answer following questions: Based on the information presented in the case study and...
Provide real-world examples in the healthcare organization of underutilization, overutilization, and misuse of both quality and cost. What are the implications?
Question 1 of 7 View Policies -/6 E III Current Attempt in Progress Cullumber Ltd. is a Canadian private company following ASPE. Following are the partial trial balances for Cullumber as at December...
Give two examples of organizational changes that you think should be implemented at UPI through project management. What is it about your two suggestions that can most benefit UPI? Suggest how you...
From the following list of accounts, determine which ones should be closed and whether each would normally be closed by a debit or by a credit entry. Cash Land Rent Expense Interest Revenue...
If |62x|>9, which of the following is a possible value of x? A. 2 B. 1 C. 0 D. 4 E. 7
Discuss how you might use the new-product development process if you were thinking about offering some kind of summer service to residents in a beach resort town.
If a firm offers one of its brands in a number of different countries, would it make sense for one brand manager to be in charge, or would each country require its own brand manager? Explain your...
What are the major advantages of total quality management as an approach for improving the quality of goods and services? What limitations can you think of?
Chandler & Co. provided 450 hours of its time to Joey Corporation and received 1,000 shares of Joey's $5 par common stock in exchange for services rendered. Chandler's usual billing rate is $650 per...
Haskins Products sells 2 comma 200 kayaks per year at a sales price of $ 450 per unit. Haskins sells in a highly competitive market and uses target pricing. The company has calculated its target full...
Phil Dunphy, a real estate agent, is considering whether he should list an unusual $472,892 house for sale. If he lists it, he will need to spend $4,247 in advertising, staging, and fresh cookies....

A population has a non-normal distribution with mean and variance 2 . The sampling distribution

Question:

Step by Step Answer:

B is correct Given a population described by any probability d...View the full answer

2024 CFA Program Curriculum Level I Volume 1

Students also viewed these Business questions