This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Explain briefly why interval estimators are preferred to point ... (Read 19 times)

charchew

  • Hero Member
  • *****
  • Posts: 579
on: Aug 1, 2018
Explain briefly why interval estimators are preferred to point estimators.

Question 2

An official from the securities commission estimates that 75 of all online bankers have profited from the use of insider information. Assume that 15 online bankers are selected at random from the commission's registry. Find the probability that all 15 have profited from insider information.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shaikhs

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Aug 1, 2018
Answer to Question 1

An interval estimator incorporates the effects of sample size, but point estimators don't have the capacity to do this.

Answer to Question 2

0.0134


charchew

  • Member
  • Posts: 579
Reply 2 on: Aug 1, 2018
:D TYSM

Sarahjh

  • Member
  • Posts: 370
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Nancy Rubins, Pleasure Point. Nancy Rubins, Pleasure Point.
Two-point gait. Two-point gait.
Common trigger point locations, anterior and posterior. Common trigger point locations, anterior and posterior.
Given the values of sin θ, determine the values of θ over the interval [0, 2pi] Given the values of sin θ, determine the values of θ over the interval [0, 2pi]
The molality of a C12H23O11 solution is 0.6 m. what is the freezing point of the solution C? The molality of a C12H23O11 solution is 0.6 m. what is the freezing point of the solution C?
Emerson’s Three-Point Test-Cross Analysis Emerson’s Three-Point Test-Cross Analysis
Video: Introduction to Diabetes

For a complete list of videos, visit our video library