Which of the following statements about point estimates is NOT TRUE? A. The best point estimate of the population mean is the sample mean A. A point estimate, for the most part, somewhat not equal to the populaton parameter due to margin of error C. A good estimator should be unbiased, consistent, and relatively efficient D. A point estimate is a specific numerical value estimate of a parameter E. degree of confidence is assgned to computefor the best point estimate
Which of the following statements about point estimates is NOT TRUE? A. The best point estimate of the population mean is the sample mean A. A point estimate, for the most part, somewhat not equal to the populaton parameter due to margin of error C. A good estimator should be unbiased, consistent, and relatively efficient D. A point estimate is a specific numerical value estimate of a parameter E. degree of confidence is assgned to computefor the best point estimate
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Which of the following statements about point estimates is NOT TRUE?
A. The best point estimate of the population mean is the sample mean
A. A point estimate, for the most part, somewhat not equal to the populaton parameter due to margin of error
C. A good estimator should be unbiased, consistent, and relatively efficient
D. A point estimate is a specific numerical value estimate of a parameter
E. degree of confidence is assgned to computefor the best point estimate
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