Question
A large company wants to estimate the average salary of
its employees. Instead of surveying all employees, the HR department randomly selects 200 employees and calculates the sample mean salary. Which of the following statements is the best justification for using the sample mean to estimate the population mean salary? ÂSolution
Explanation : - The Central Limit Theorem (CLT) is a fundamental concept in statistics that states that regardless of the original population distribution, the distribution of the sample mean will approximate a normal distribution if the sample size is sufficiently large (typically n≥30n ). This theorem is essential in inferential statistics because it allows us to make reliable inferences about a population using a sample.  In the given question, the company wants to estimate the average salary of its employees. Since surveying every employee is impractical, they take a random sample of 200 employees . The CLT ensures that the sample mean salary will be normally distributed , even if the original salary distribution is skewed or non-normal. Â
Select the option that is related to the sixth term in the same way as the second term is related to first term and the fourth term is related to the th...
The second number in the given number-pairs is obtained by performing certain mathematical operation(s) on the first number. The same operation(s) is/ar...
In the following question, select the related word from the given alternatives.
Cold: Ice :: Hot: [?]
In the following question, select the related word pair from the given alternatives.Â
Writer: Pen
63 :Â 45 : : 85 : ?
Select the number -pair from the given options that shares a similar relationship as the given number-pair.
192-108
Select the option that is related to the third term in the same way as the second term is related to the first term.
MODE : NLWV :: JAIL : ?
Select the option that is related to the sixth number in the same way as the first number is related to the second number and the third number is relate...
If I = 18, ICE = 34, then ‘RICE’ will be equal to?Â
Select the option that is related to the third number in the same way as the second number is related to first number and the sixth number is related t...