100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
MIS 301 Exam 2 SDSU Question and answers verified to pass 2024 $13.49   Add to cart

Exam (elaborations)

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

 5 views  0 purchase
  • Course
  • MIC 301
  • Institution
  • 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...

[Show more]

Preview 1 out of 3  pages

  • August 27, 2024
  • 3
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • MIC 301
  • MIC 301
avatar-seller
flyhigher329
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

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller flyhigher329. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $13.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

73243 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$13.49
  • (0)
  Add to cart