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Exam (elaborations)

MIS 301 Exam 2 SDSU Question and answers verified to pass 2024

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  • MIC 301

MIS 301 Exam 2 SDSU Question and answers verified to pass 2024 law of large number - correct answer if you take samples of a larger size from a population, then the mean of the sampling distribution tends to get closer to the true population mean central limit theorem - correct answer the...

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  • August 27, 2024
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  • Exam (elaborations)
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  • MIC 301
  • MIC 301
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MIS 301 Exam 2 SDSU
law of large number - correct answer ✔if you take samples of a larger size
from a population, then the mean of the sampling distribution tends to get
closer to the true population mean


central limit theorem - correct answer ✔the larger the samples size you take
from a population, the closer the sample mean gets to the actual population
mean


central limit theorem result - correct answer ✔it does not matter what the
distribution of the original population is


power of the test - correct answer ✔if the NULL is false and the
ALTERNATIVE is true, we want the power to be as high as possible


P-value - correct answer ✔probability of calculating a value equal to or more
extreme than the test statistic


t-distribtution - correct answer ✔- distribution changes shape depending on
sample size
- a small sample size = wider interval
- Guinness Brewery created the t-distribution


inferential statistics - correct answer ✔using sample data to make
generalizations about an unknown population


point estimate - correct answer ✔is most likely NOT the exact value of the
population parameter but close to it

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