BAN 280 FINAL EXAM Section 2 (Ch. 7,8) Actual Exam Questions And Answers Success Guaranteed.
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Course
BAN 280
Institution
BAN 280
A measure from the population, such as population mean is called
a. a statistic
b. sample data
c. a parameter
d. a standard error - correct answer a parameter
The statistic XBAR is the point estimator of
a. M
b. standard dev.
c. S
d. 1-a - correct...
A measure from the population, such as population mean is called
a. a statistic
b. sample data
c. a parameter
d. a standard error - correct answer a parameter
The statistic XBAR is the point estimator of
a. M
b. standard dev.
c. S
d. 1-a - correct answer M
In a random sample, the closer the sample mean is to the population mean,
a. the larger the sampling error
b. the smaller the sampling error
c. sampling error = standard error
d. the larger the standard error of the mean - correct answer the smaller the
sampling error
The sampling distribution of the sample mean is
a. a distribution of individual scores drawn from a population
b. a distribution of standard errors of the mean
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