Multiple Choice
The value added to and subtracted from a point estimate in order to develop an interval estimate of the population parameter is known as the
A) confidence level.
B) margin of error.
C) parameter estimate.
D) planning value.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q9: In 2015, approximately 136,943,000 people visited an
Q10: Potential sampling error _as the sample size
Q11: A sample of 100 information systems managers
Q12: A sample of 200 elements from a
Q13: A random sample of 64 SAT scores
Q15: If we want to provide a 95%
Q16: In developing an interval estimate, if the
Q17: It is known that the population variance
Q18: A random sample of 25,000 ACT test
Q19: We can reduce the margin of error