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1. In your own words explain the difference between a point estimate and an interval estimate of a parameter? Which is better? Why?
2. What information is necessary to calculate a confidence interval? Is the size of the population relevant when one is determining the sample size for a confidence interval? What is necessary to determine the sample size?
3. A researcher is interested in estimating the noise levels in decibels at area urban hospitals. He wants to be 90% confident that his estimate is correct. If the standard deviation is 4.8, how large a sample is needed to get the desired information and to be accurate within 0.65 decibels?
if you tossed coin 6 times what is probability of getting more than 3 head?
Capital budgeting Techniques Financial commitment spending budget (or investment appraisal) is the planning process used to figure out whether a company long run purchases such
what is spss explain in breif
Progect Guid: PROJECT 1: SIMPLE DATA ANALYSIS & COMPARISON REPORT GUIDELINES This document contains general guidelines for the preparation of the Project Report I. Please note,
how to figure out cost of good available for sale, cost of sales, ending inventory
Why index numbers serve as economic barometers?
I want to simulate observed variables for structural equation modeling. In real data it is assumed that observed variables are not error free variables, so should i also simulate e
It's a fact of business–if an organization has workers, it has to account for paycheck and edge advantages. In this description of paycheck bookkeeping we'll present paycheck, e
9. From 11 positive integer scores on a 10-point quiz, the mean is 8, the median is 8, and the mode is 7. Find the maximum number of perfect scores possible on this test.
How to solve problems of index number fixed based method
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