Question 3
Answer the question True or False.
A statistic is biased if the mean of the sampling distribution is equal to the parameter it is intended to estimate.
True
False
Question 4
Solve the problem.
The Central Limit Theorem is important in statistics because _____.
for a large n, it says the population is approximately normal
for any size sample, it says the sampling distribution of the sample mean is approximately normal
for any population, it says the sampling distribution of the sample mean is approximately normal, regardless of the sample size
for a large n, it says the sampling distribution of the sample mean is approximately normal, regardless of the population