Author Question: A point estimate is a single numeric value, a best guess of a population parameter, calculated from ... (Read 97 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?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

For a complete list of videos, visit our video library