Author Question: The difference between the point estimate and the true value of the population parameter being ... (Read 315 times)

stephzh · **on:** Jun 24, 2018

The difference between the point estimate and the true value of the population parameter being estimated is called the estimation error.
a. True
b. False
Indicate whether the statement is true or false

Question 2

The time series component that reflects a long-term, relatively smooth pattern or direction exhibited by a time series over a long time period, is called seasonal.
a. True
b. False
Indicate whether the statement is true or false