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ISYE6402 Unit 1 Questions WITH 100- SURE ANSWERS
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ISYE6402 Unit 1 Questions WITH 100- SURE ANSWERS
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10/6/24, 7:51 AMEUNICE
ISYE6402 Unit 1 Questions WITH QUESTIONS AND 100%
SURE ANSWERS
Terms in this set (19)
Statistical Estimation refers to:? Obtaining an approximation of the parameter of a distribution given the data.
Making statistical statements about an unknown parameter of a distribution, for
Statistical Inference refers to:
example, if it is larger than a given value.
Time Series can be characterized by: d) All of the above
a)Constant or non-constant variability over
time.
b) Constant, linear or non-linear trend over
time.
c) Cyclical patterns which may happen at
regular or irregular time periods.
d) All of the above.
Trend in a time series can be estimated d) All of the above.
using the following approach:
a) Using non-parametric regression with
time being the predictor if we assume no
given shape to the trend.
b) Using multiple linear regression if we
assume a linear or polynomial trend.
c) Using nonlinear regression if we assume a
known nonlinear trend up to a set of
unknown parameters.
d) All of the above.
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