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1. In your own words explain the difference between a point estimate and an interval estimate of a parameter? Which is better? Why?
2. What information is necessary to calculate a confidence interval? Is the size of the population relevant when one is determining the sample size for a confidence interval? What is necessary to determine the sample size?
3. A researcher is interested in estimating the noise levels in decibels at area urban hospitals. He wants to be 90% confident that his estimate is correct. If the standard deviation is 4.8, how large a sample is needed to get the desired information and to be accurate within 0.65 decibels?
i have data points of the form (x,y) of a cluster... I want to find variance nad standard deviation of this so dat i can decide which is a good cluster... so let me know how to do
accounting equation.
IFRS: IFRS (International Financial Reporting Standards) is a set of accounting standards that were developed as global standard. The IFRS was developed by IASB (International Acc
I am in need of your help again. First and foremost, I thought I had created an account, but none could be found. In any event here is my assignment. Should you decide that you
What is a purchase return? A buy purchase return occurs when a buyer profits products that it has bought from a provider. Under the regular inventory system, the cost of the
The National Quality Research Center at the University of Michigan provides a quarterly measure of consumer opinions about products and services (The Wall Street Journal, February
You have recently joined XYZ, an international company that produces a wide range of office supplies and stationary goods. In your new role as Group Management Accountant your firs
1. What is Single Entry System? Ans. In Accounting, The program under which only one part of entrance or bookkeeping go is registered is known as single Entry System, they ar
#what is the importance of measures of central tendency to Human resource management
characteristics of statistics and any two application of statistics
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