The following statements relate to sampling distributions. Choose the correct statements being correct or incorrect.
Statement I Sampling distribution of mean is normally distributed irrespective of the type of population distribution and size of samples.
Statement II The standard deviation of the sampling distribution of mean is less than the standard deviation of the population distribution.
A. Statement I is correct, but Statement II is incorrect
B. Statement II is correct, but Statement I is incorrect
C. Both statements are correct
D. Both statements are incorrect
Answer: Option B
This Question Belongs to Management >> Business Statistics
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