A sample of 24 observations is taken from a population that has 150 elements. The sampling distribution of   is

A. approximately normal because  is always approximately normally distributed.
B. approximately normal because the sample size is large in comparison to the population size.
C. approximately normal because of the central limit theorem.
D. normal if the population is normally distributed.


Answer: D

Business

You might also like to view...

Which of the following is a substantive procedure that an auditor most likely would perform to verify the existence of recorded accounts payable?

A. Investigating the open purchase order file to ascertain that prenumbered purchase orders are used and accounted for. B. Receiving the entity's mail, unopened, for a reasonable period of time after the year-end to search for unrecorded vendor's invoices. C. Confirming accounts payable balances with known suppliers who have zero balances. D. Vouching selected entries in the accounts payable subsidiary ledger to purchase orders and receiving reports.

Business

People who have changed jobs frequently or who have gaps in their employment should probably prepare a résumé using the functional format

Indicate whether the statement is true or false

Business

According to White (2017), intrinsic rewards of work include a sense of meaningfulness, growth, community and ______.

a. opportunity b. engagement c. satisfaction d. choice

Business

CASE 3.1, Wal-Mart Stores, Inc v. Dukes (2011), involved a question of whether:

a. Wal-Mart should be properly sued in federal vs. state court. b. there was sufficient commonality among Wal-Mart employees to certify the group as a class. c. one Wal-Mart employee could represent over one million other employees. d. the employees had waived their rights to arbitration under the Federal Arbitration Act.

Business