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Wednesday, October 10, 2018

Caiib ABM Unit 16 Estimation

Discussion 10.10.2018

..... refers to a process by which one makes interferences about a population ..??
-Estimation

....... estimation is often insufficient -point or interval or both
-Point Estimate

...... is a specific value of a stastistic
-Estimate

how many criterial of a good estimator is there... name them
-4
Unbiased Efficiency Consistency Sufficiency


 .....describes a range of values within which a population parameter is likely to lie.
- Interval Estimate

the probability that we associate with an interval estimate is called??
-Confidence Level

in stastics there are.... types of estimates
-2

...... estimate is a single number which is used to eliminate the unknown population
-Point Estimate

a sample stastics which is used to estimate a population parameter is called....
-Estimator

confidence interval is expressed in....
a. numeric value
alphanumeric explanation
standard error
graph
-Standard Error

high confidence level means ....low or high or no impact ..degree of accuracy
-High


Correct me for any mistake

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