Question: 1. Distinguish between a sampling error & standard error. 2. Define the distribution of sample mean and discuss the three characteristics of the distribution of

1. Distinguish between a sampling error & standard error. 2. Define the distribution of sample mean and discuss the three characteristics of the distribution of sample means. 3. What is the central limit theorem and when it is used. 4. Define the following terms and discuss what role they play in the distribution of sample means: expected value of M standard error of M law of large numbers

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