Statistics and Probability

Question 1

the interval estimate may or may not contain the true parameter values

Accepted Answer

True

Question 2

IS A SPECIFIC NUMERICAL VALUE OF A POPULATION PARAMETER

Accepted Answer

Point Estimate

Question 3

ESTIMATE - IS THE VALUE OR RANGE VALUES, THAT APPROXIMATES THE POPULATION VALUE

Accepted Answer

True

Question 4

What is my REAL NAME?

Accepted Answer

John Luis Padilla Tagle

Question 5

range of values used to estimate a parameter

Accepted Answer

Interval Estimate

Question 6

At 95% confidence, z = ±2.58 is used.

Accepted Answer

False

Question 7

The margin of error is the maximum difference between the observed sample mean and true value of the population mean

Accepted Answer

True

Question 8

What is mean?

Accepted Answer

Average

Question 9

What are the two types of estimate?

Accepted Answer

Point and Interval

Question 10

At 90% confidence, z = ±1.65 is used.

Accepted Answer

True

Question 11

Basic concepts of what?

Accepted Answer

Estimation

Question 12

ESTIMATION - THE PROCESS OF DETERMINING MYSELF

Accepted Answer

False

Question 13

How many steps do we have in finding interval estimate?

Accepted Answer

4

Question 14

At 99% confidence, z = ±2.55 is used.

Accepted Answer

False

Question 15

Point estimate is the BEST ESTIMATE OF A POPULATION MEAN

Accepted Answer

True

Questions 15