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

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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.

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2024 CFA Program Curriculum Level I Volume 1

ISBN: 9781953337672

1st Edition

Authors: CFA Institute

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Question Posted: Feb 01, 2024 08:29 AM

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

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

2024 CFA Program Curriculum Level I Volume 1

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