Author Question: A point estimate is a single numeric value, a best guess of a population parameter, calculated from ... (Read 59 times)

xclash

  • Hero Member
  • *****
  • Posts: 681
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

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

TRUE

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

For a complete list of videos, visit our video library