Estimating Parameters and Determining Sample Sizes 7-2

Estimating Parameters and Determining Sample Sizes 7-2

12th Grade

25 Qs

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Estimating Parameters and Determining Sample Sizes 7-2

Estimating Parameters and Determining Sample Sizes 7-2

Assessment

Quiz

Business

12th Grade

Practice Problem

Easy

Created by

William Rodriguez

Used 1+ times

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25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

What is a Point Estimate in statistics?

A single value estimate of a population parameter

A range of values estimate of a population parameter

A hypothesis test result

A type of data distribution

2.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

A Confidence Interval is used in statistics to:

estimate the range within which a population parameter lies

determine the exact value of a population parameter

test a hypothesis about a population parameter

calculate the mean of a sample

3.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

Sample Size is important in estimating a population mean because:

it determines the accuracy of the estimate.

it has no effect on the estimate.

it complicates the calculation process.

it is only needed for large populations.

4.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

What does the symbol 'μ' represent in the context of confidence intervals?

A) Sample mean

B) Population mean

C) Sample standard deviation

D) Margin of error

5.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

What does the symbol 'x̄' represent in the context of confidence intervals?

A) Sample mean

B) Population mean

C) Sample standard deviation

D) Margin of error

6.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

What does the symbol 's' represent in the context of confidence intervals?

A) Sample mean

B) Population mean

C) Sample standard deviation

D) Margin of error

7.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

What does the symbol 'E' represent in the context of confidence intervals?

A) Sample mean

B) Population mean

C) Sample standard deviation

D) Margin of error

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