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Solve Introduction of Estimation Multiple Choice Questions (MCQ), introduction of estimation quiz answers PDF worksheet, business statistics practice test for online courses. Learn confidence intervals and estimation Multiple Choice Questions and Answers (MCQs), "Introduction of Estimation" quiz questions and answers for business administration and management colleges. Learn confidence intervals & estimation test prep for online business administration school.

"The range or set of values which have chances to contain value of population parameter with particular confidence level is considered as" Multiple Choice Questions (MCQ) on introduction of estimation with choices secondary interval estimation, confidence interval estimate, population interval estimate, and sample interval estimate for business administration and management colleges. Practice introduction of estimation quiz questions for merit scholarship test and certificate programs for grad cert business administration.

MCQ: The range or set of values which have chances to contain value of population parameter with particular confidence level is considered as

1. secondary interval estimation
2. confidence interval estimate
3. population interval estimate
4. sample interval estimate

B

MCQ: The upper and lower boundaries of interval of confidence are classified as

1. error biased limits
2. marginal limits
3. estimate limits
4. confidence limits

D

MCQ: For a parameter whose value is unknown, the belief or claim for that parameter is classified as

1. parameter claim testing
2. expected belief testing
3. hypothesis testing
4. primary limit testing

C

MCQ: To develop interval estimate of any parameter of population, the value which is added or subtracted from the point estimate is classified as

1. margin of efficiency
2. margin of consistency
3. margin of biasedness
4. margin of error

D

MCQ: Considering the sample size, the sampling distribution standard error decreases when the

1. size of sample increases
2. size of sample decreases
3. margin of error increases
4. margin of error decreases

A