What are the desirable properties of a confidence interval

Reference no: EM13952937

1. What are the desirable properties of an estimator of a population parameter?

2. What are the advantages and disadvantages of using point estimates for sta- tistical inference?

3. What are the desirable properties of a confidence interval? How do sample size and the level of confidence (e.g., 90%, 95%, 99%) affect the width of a confidence interval?

Reference no: EM13952937

Questions Cloud

Projected to generate cash inflows : The firm is analyzing two projects based on their RADRs. Project Sourdough requires an initial investment of $12,500 and is assigned a risk index of 6. Project Greek Salad requires an initial investment of $7,500 and is assigned a risk index of 8...

How can bootstrap confidence intervals be generated : How can bootstrap confidence intervals be generated? Name the simplest form of a bootstrap confidence interval. Are bootstrap confidence intervals exact?

Calculate the range for the npv : Known with less certainty are the actual after-tax cash inflows for each of the 5 years. The company has estimated expected cash inflows for three scenarios: pessimistic, most likely, and optimistic. These expected cash inflows are listed in the f..

How instructions are represented and handled by the cpu : What aspects of physics and mathematics are important in the design of VLSI circuits

What are the desirable properties of a confidence interval : What are the desirable properties of a confidence interval? How do sample size and the level of confidence (e.g., 90%, 95%, 99%) affect the width of a confidence interval?

Determine annual and total depreciation recorded by company : Reimer Company and Lingo Company are two proprietorships that are similar in many respects. Determine the annual and total depreciation recorded by each company during the 3 years.

What are the costs of prejudice and discrimination : Briefly discuss how religion, sexuality, political affiliation, mental illness, and/or substance abuse can also be related to prejudice and discrimination in contemporary society? What are the costs of prejudice and discrimination

What is a national water footprint : Water use is often measured in units of volumes consumed per time, what is another way to measure water use that is mentioned in the paper? Name an example of an indicator for this alternative measure.

Find probability area bounded by standard deviation units : Assume that we have normally distributed data. From the standard normal table, find the probability area bounded by ±1 standard deviation units about a population mean and by ±1 standard errors about the mean for any distribution of sample means o..

User Account

All Pages