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Management · Q3

Business Statistics

Graduate and Post Graduate · Management · question 3

Q3

From the following statements choose the correct statements. Statement I A statistic is a characteristic of a population. Statement II The standard error of mean is the standard deviation of the sampling distribution. Statement III The standard error of mean decreases in direct proportion to sample size.

A.
Statements I and II are true
B.
Statement II is true
C.
Statements II and III are true
Answer
D.
Statement III is true

Answer: Option C

Solution

Answer: Option C
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