Statistical inference a. refers to the process of drawing ...

[ETearle]

Statistical inference
 a. refers to the process of drawing inferences about the sample based on the characteristics of the population.
   b. is the same as descriptive statistics.
   c. is the process of drawing inferences about the population based on the information taken from the sample.
   d. is the same as a census.

Question 2

The risk neutral decision maker will have the same indications from the expected value and expected utility approaches.
 a. True
  b. False
  Indicate whether the statement is true or false

[rachel]

Answer to Question 1

c

Answer to Question 2

TRUE

[ETearle]

Thanks for the timely response, appreciate it

[amit]

Great answer, keep it coming