The annual update of Overseas loans and grants, informally known as the ‘’ Greenbook, ‘ contains data on U.S. government monetary economy and military assistance loans. The following table shows military assistance loans, in Thousands of dollars, to a sample of 10 countries,as reported by the U.S. agency for informational development. 102,69,280,180,33,89,1643,205,177,695 Find the degree of freedom for the studentized version of the sample mean is 2) find the point estimate for the mean of All US Overseas loans and grants is 3) find the t-value for a 95% confidence interval if is t- 4)

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Types of Bias

Statistics is the study of data collection, organization, analysis, interpretation, and presentation. Statistical bias is a characteristic of a statistical technique or its findings in which the expected value deviates from the actual root quantitative parameter being estimated. According to the actual definition of bias, it refers to the tendency of a statistic to overestimate or underestimate a parameter.