This topic contains a solution. Click here to go to the answer

Author Question: To calculate beta requires making a what if assumption about the true population parameter, where ... (Read 50 times)

deesands

  • Hero Member
  • *****
  • Posts: 514
To calculate beta requires making a what if assumption about the true population parameter, where the what-if value is one that would cause the null hypothesis to be false.
 
  Indicate whether the statement is true or false

Question 2

Explain what is meant by the concept of sampling distribution.
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dominiqueenicolee

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

TRUE

Answer to Question 2

A population measure is called a parameter. It is a fixed value as long as the population does not change. A corresponding value computed from a sample is called a statistic. Depending on which sample we select we will get a different statistic. The difference between the statistic and the parameter due to the sample not being a perfect representative of the population is called sampling error. Each sample will generate a different amount of sampling error. For instance, if we are dealing with the mean, and were to take all possible samples of a given size, the distribution of the resulting sample means is called the sampling distribution. It represents the distribution of potential sampling error. The mean of the sampling distribution will equal the population mean and the standard deviation of the sampling distribution will equal the population standard deviation divided by the square root of the sample size.




deesands

  • Member
  • Posts: 514
Reply 2 on: Jun 24, 2018
Excellent


zacnyjessica

  • Member
  • Posts: 345
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

For a complete list of videos, visit our video library