Question: The average return in the population is 9%.The standard deviation of the population is 16%.We now draw 36 samples with 9 stocks in each sample.According

The average return in the population is 9%.The standard deviation of the population is 16%.We now draw 36 samples with 9 stocks in each sample.According to the Central Limit Theorem (and only the Central Limit Theorem) and this new set of samples, what will be the standard deviation of the sampling distribution?

9/9

16/9

16/81

16/3

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