Business, 05.05.2020 04:57 Jessieeeeey

Suppose that two very large companies (A and B) each select random samples of their employees. Company A has 5000 employees and Company B has 15,000 employees. In both surveys, the company will record the number of sick days taken by each sampled employee. If each company randomly selects 50 employees for the survey, which statement is TRUE about the sampling distributions of the sample means (the mean number of sick days)?

A) The sampling distributions of the sample means will have about the same standard deviation. The standard deviation for a sampling distribution of a sample mean depends only on the sample size, not the population (company) size.

B) Since Company A is surveying a higher percent of its employees, the standard deviation of the sampling distribution for its sample mean will be smaller than that for Company B (the larger company). Larger companies should take larger samples.

C) Since Company B is a larger company, the standard deviation for its sampling distribution of the sample mean is smaller. The larger a population, the smaller the standard deviation of a sample mean's sampling distribution.

D) None of the above.

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Suppose that two very large companies (A and B) each select random samples of their employees. Compa...

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