Explain why the t-distribution has less spread as the number of degrees of freedom increases. Choose the correct answer below. O A. The t-distribution has less spread as the degrees of freedom increase because, as n increases, s becomes closer to o by the law of large numbers. OB. The t-distribution has less spread as the degrees of freedom increase because the variability introduced into the t-statistic becomes greater as n increases. O C. The t-distribution has less spread as the degrees of freedom increase because, for large values of n, n2 30, the t-distribution and the normal distribution are the same. O D. The t-distribution has less spread as the degrees of freedom increase because, as n increases, less information is known about o by the law of large numbers.

Explain why the t-distribution has less spread as the number of degrees of freedom increases. Choose the correct answer below. O A. The t-distribution has less spread as the degrees of freedom increase because, as n increases, s becomes closer to o by the law of large numbers. OB. The t-distribution has less spread as the degrees of freedom increase because the variability introduced into the t-statistic becomes greater as n increases. O C. The t-distribution has less spread as the degrees of freedom increase because, for large values of n, n2 30, the t-distribution and the normal distribution are the same. O D. The t-distribution has less spread as the degrees of freedom increase because, as n increases, less information is known about o by the law of large numbers.

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter2: Mathematics For Microeconomics

Section: Chapter Questions

Problem 2.15P

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