1. When analyzing a sample drawn from the population, what are the benefits of having a large sample? [Select three (3) options]
A. The sample will have a skewed distribution. |
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B. The sample distribution will be smaller, meaning the spread of observations will be narrow. |
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C. The population statistics can be accurately estimated. |
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D. The sample mean will be close to the population mean. |
2. What is the difference between a sampling distribution of the means and a sample distribution?
3. What is the relationship between a sampling distribution of the means and a sample distribution?
4. What is the importance of the Central Limit Theorem?