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Author Question: A point estimate is a single numeric value, a best guess of a population parameter, calculated from ... (Read 60 times)

xclash

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on: Jun 24, 2018
A point estimate is a single numeric value, a best guess of a population parameter, calculated from the sample data.
 a. True
  b. False
   Indicate whether the statement is true or false

Question 2

If the observations of a time series increase or decrease regularly through time, we say that the time series has a random (or noise) component.
 a. True
  b. False
   Indicate whether the statement is true or false


prumorgan

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Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

FALSE


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xclash

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Reply #2 on: Jun 24, 2018
Thank you :)


prumorgan

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Reply #3 on: Jun 24, 2018
Happy to help you


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