Question

1. The sample mean is a ______________, because it is a single number. 2. A _______________is...

1. The sample mean is a ______________, because it is a single number.

2. A _______________is a single number that is used to estimate the value of an unknown parameter.

3. A ______________is an interval that is used to estimate the value of a parameter.

4. The ____________________is a percentage between 0% and 100% that measures the success rate of the method used to construct the confidence interval.

5. The ___________________________is computed by multiplying the critical value by the standard error.

Math   Statistics-And-Probability   
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Answer #1

1. The sample mean is a __point estimate__, because it is a single number.

2. A __point estimate__is a single number that is used to estimate the value of an unknown parameter.

3. A __interval estimate__is an interval that is used to estimate the value of a parameter.

4. The ___confidence level___is a percentage between 0% and 100% that measures the success rate of the method used to construct the confidence interval.

5. The ___margin of error___is computed by multiplying the critical value by the standard error.

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