QM 520 Statistical Inference: Estimation for Single Populations
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QM 520 - Chapter 8: Statistical Inference: Estimation for Single Populations. Questions and Answers.
- Exam (elaborations) • 40 pages • 2021
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QM 520 - Chapter 8: Statistical Inference: Estimation for Single Populations. Questions and Answers. 
 
Chapter Eight 
B 1. When a statistic calculated from sample data is used to estimate 
a population parameter, it is called _______. 
M A. an interval estimate 
Term B. a point estimate 
C. a statistical parameter 
D. a good guess 
A 2. When a range of values is used to estimate a population 
parameter, it is called _______. 
E A. an interval estimate 
Term B. a point estimate 
C. a statistical...
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