If two random variables X and Y are statistically independent, then Cov(X, Y) = 0

According to the text, as the sample size increases the sampling distribution of the mean becomes a(n) ________

A) unsymmetrical distribution B) normal distribution C) inverted distribution D) random distribution E) chi-square distribution

At the age of 20, James is starting to save for retirement. If inflation averages 4 percent annually until his retirement age and he earns an average annual rate of return of 13 percent on his investments during this period,

he should be able to enjoy a comfortable retirement. Indicate whether this statement is true or false.