Question 13 of 30

Which of the following describes the concept of Sampling Distribution of the Sample Mean?

A probability distribution of all possible sample means of a given sample size.

For a large enough sample size, the shape of the sampling distribution will be approximately normal. The Sampling Distribution that is centered on the mean of the population.

The standard deviation of the sampling distribution can be computed as the population standard deviation divided by the square root of the sample size.

None of these

All of these

Question 14 of 30

Which of the following is true regarding the concept of Target Population?

It is important for the target population to correspond as closely as possible to the sampled population.

There can be an unlimited number of target populations.

There will be just one point estimate for each selected target population.

All of these

None of these

Question 15 of 30

Which of the following is true regarding the concept of Standard Error?

It is the standard deviation of a point estimate.

It is the range of point estimators.

It is another name for the confidence interval.

None of these

All of these

Question 16 of 30

Confidence Interval is:

A range of values constructed from sample data so that the population parameter is likely to occur within the range at a specified probability.

A synonym of an Interval Estimate.

Same as the Margin of Error.

None of these

All of these

Question 17 of 30

Which of the following is true regarding the concept of Point Estimate?

It is the statistics, computed from sample information, which is used to estimate the population parameter.

It is a parameter computed from sample information.

It is the census of the target population.

None of these

All of these