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Describe, in your own words, the following terms and give an example of each. Your examples are not to be those given in the lecture notes, or provided in the textbook. By the end of the week, please review and comment on the definitions and examples posted by two of your classmates. Please site in APA format sources.
a. Point estimate
b. Confidence interval
c. Unbiased estimator
d. critical value
e. Level of confidence
f. Null hypothesis
g. Type I error
h. Hypothesis test
i. Critical region
j. Maximum error of estimate
There are two types of questions: Multiple choice, and essay. The server will automatically grade the multiple choice questions; but your course facilitator will need a few days to grade the essay-style questions. Be sure to show your work on the essay-style questions; partial credit cannot be awarded unless your reasoning is clear.Numerical answers should be stated to at least three decimal places. No revisions will be accepted.
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