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BAN 280 FINAL EXAM Section 2 (Ch. 7,8) Actual Exam Questions And Answers Success Guaranteed. $12.99   Add to cart

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BAN 280 FINAL EXAM Section 2 (Ch. 7,8) Actual Exam Questions And Answers Success Guaranteed.

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A measure from the population, such as population mean is called a. a statistic b. sample data c. a parameter d. a standard error - correct answer a parameter The statistic XBAR is the point estimator of a. M b. standard dev. c. S d. 1-a - correct...

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  • October 17, 2024
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  • BAN 280
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BAN 280 FINAL EXAM Section 2 (Ch. 7,8)

A measure from the population, such as population mean is called



a. a statistic

b. sample data

c. a parameter

d. a standard error - correct answer a parameter



The statistic XBAR is the point estimator of



a. M

b. standard dev.

c. S

d. 1-a - correct answer M



In a random sample, the closer the sample mean is to the population mean,



a. the larger the sampling error

b. the smaller the sampling error

c. sampling error = standard error

d. the larger the standard error of the mean - correct answer the smaller the
sampling error



The sampling distribution of the sample mean is



a. a distribution of individual scores drawn from a population

b. a distribution of standard errors of the mean

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