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
D. Statement III is true
Answer: Option C
This Question Belongs to Management >> Business Statistics
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