How Does the Variance of the Sample Mean Compare to the Variance

Multiple Choice

How does the variance of the sample mean compare to the variance of the population?

A) It is smaller and therefore suggests that averages have less variation than individual observations.
B) It is larger and therefore suggests that averages have less variation than individual observations.
C) It is smaller and therefore suggests that averages have more variation than individual observations.
D) It is larger and therefore suggests that averages have more variation than individual observations.