Process of determining values of parameter.

STATS FINALS

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Other
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11th Grade
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Easy
Chrizzha Ramos
Used 2+ times
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51 questions
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1.
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1 min • 1 pt
2.
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1 min • 1 pt
any statistic whose value is used to estimate an unknown parameter.
3.
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1 min • 1 pt
Single value that approximates the population parameter.
4.
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1 min • 1 pt
a range of values that may contain the population parameter with high probability.
5.
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1 min • 1 pt
is the probability that the interval estimate will contain the parameter, assuming that a large number of samples are selected and that the estimation process on the same parameter is repeated.
6.
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1 min • 1 pt
Critical z-value of 90%
7.
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1 min • 1 pt
Critical z-value of 95%
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