STATS AND PROB

_____________ are descriptive measures of an entire population.

• STATISTICS

• STATISTIC

• PARAMETER

• POPULATION

______________ are also known as sample statistics

• ESTIMATES

• ESTIMATOR

• ESTIMATION

• ESTATES

_____________is the process of estimating or approximately calculating the value of a parameter from information drawn from a sample.

• ESTIMATES

• ESTIMATOR

• ESTIMATION

• ESTATES

_____________ attempts to approximate the unknown parameters using the measurements

• ESTIMATES

• ESTIMATOR

• ESTIMATION

• ESTATES

____________________ is referred to as the estimator of the population parameter

• SAMPLE

• POPULATION

• SAMPLE STATISTIC

• POPULATION STATISTIC

__________________ are the single, most likely value of a sample statistic that is used to estimate a population parameter

__________________ are a range of values used to estimate the parameter

This happens when the mean or expectation of the statistic is equal to the parameter

The difference between the estimator and the parameter becomes smaller as the sample size grows larger

If there are two unbiased estimators of a parameter, the one whose variance is smaller should be used.