Most business and economic variables are of continuous nature and their behaviour is best described by a . . . . . . . . continuous curve.
A. oval shaped
B. cylindrical shaped
C. bell shaped
D. None of these
Answer: Option C
A. oval shaped
B. cylindrical shaped
C. bell shaped
D. None of these
Answer: Option C
A. The central limit theorem
B. The law of statistical regularly
C. The law of inertia of large numbers
D. None of the above
The difference between sample statistic and its corresponding population parameter is
A. Sampling error
B. Measurement error
C. Coverage error
D. Non-response error
A. Both (A) and (R) are true
B. (A) is true, but (R) is false
C. (A) is false, but (R) is true
D. Both (A) and (R) are false
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