11: estimating statistic and parameter

Cards (17)

  • How many areas of statistical inference are there
    Two
  • What are the two areas of statistical inference
    Estimation of parameters and hypothesis
  • Involves the estimation of unknown population values or parameters by the known sample values or statistics
    Estimation of parameters
  • True or false: statistics therefore are used to estimate the unknown parameters
    True
  • Estimation can be classified into two namely
    Point estimation and interval estimation
  • An interval estimate of a parameter which consists of an interval of numbers of tained from a point estimate
    Confidence
  • True or false: appoint estimate consists of a single value used to estimate population parameters
    True
  • In this example what is the confidence coefficient or the degree of of confidence:
    A 90% confidence interval for the meaning income of teachers is 15,000 to 28,000
    90% or 0.90
  • What do you call the endpoints 15, 000 and 28,000
    Lower and upper confidence limits
  • True or false: in general, a 100% or 1 - a confidence interval can be constructed
    True
  • What Greek letter is referred to as the level of significance
    Greek letter A or small a
  • Fraction or 1 - a is called
    Confidence coefficient
  • True or false: the interval estimator and closes the true value of the parameter
    True
  • True or false: we always want to construct a confidence interval that is wide as possible and has a large confidence coefficient
    Narrow instead of wide
  • True or false:The point estimator of mean is x
    True
  • True or false: t is used only for big sample cases
    False, it is used for small sample cases
  • In a binomial experiment, the point estimator of the population proportion p is
    p=X/n