What is the purpose of taking a sample instead of a census?

Statistical Inference

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Business
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University
•
Hard
naz shah
Used 2+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To eliminate sampling error
To reduce costs and time
To collect data from every element
To ensure perfect information about the population
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the null hypothesis (H0) represent?
A statement that is always true
A conclusion drawn from the sample data
A tentative conjecture about a population parameter
The opposite of the alternative hypothesis
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a characteristic of a simple random sample?
Samples are taken from only one subgroup of the population
Each sample of size n has the same probability of being selected
All elements are selected based on convenience
Each element has a different probability of being selected
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected value of the sample mean (x)?
It is always less than the population mean
It is always equal to the population mean (m)
It is the same as the sample standard deviation
It can be greater than the population mean
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of the t distribution in hypothesis testing?
To ensure the sample size is always large
To estimate the population mean when the standard deviation is unknown
To provide a narrower margin of error
To replace the need for a sample
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the margin of error in an interval estimate?
The value added and subtracted from the point estimate
The range of values that the population parameter can take
The standard deviation of the sample
The difference between the sample mean and population mean
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following conditions must be satisfied for the sampling distribution of p to be approximated by a normal distribution?
n < 30 and p < 0.5
np < 5 and n(1-p) < 5
np > 5 and n(1-p) > 5
n must be equal to the population size
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