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Commerce · Q739

Business Statistics and Research Methods

Graduate and Post Graduate · Commerce · question 739

Q739

Which of the following is not a property of the arithmetic mean?

A.
Its variance is no larger than the variance of the population distribution
B.
It is always equal to the population mean
Answer
C.
It is unbiased
D.
Its variance becomes smaller when the sample size gets bigger

Answer: Option B

Solution

Answer: Option B
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