The sample average is a random variable and

A) is a single number and as a result cannot have a distribution.
B) has a probability distribution called its sampling distribution.
C) has a probability distribution called the standard normal distribution.
D) has a probability distribution that is the same as for the Y1,..., Yn i.i.d. variables.

Answer: B

Economics

You might also like to view...

In a small country, using prices of 2012, GDP in 2012 was $100 and GDP in 2013 was $110. Using prices of 2013, GDP in 2012 was $200 and GDP in 2013 was $210

The country's BEA will calculate ________ percent as the growth in real GDP between those years. A) 7.5 B) 15 C) 10 D) 5 E) None of the above answers is correct.

Economics

Describe what the unemployment rate and the employment rate measure. If we were to sum the unemployment rate and the employment rate, would that sum be equal to one hundred percent? Explain why or why not

Economics