What are two characteristics of the best point estimator for a population parameter?
Question:
What are two characteristics of the best point estimator for a population parameter?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
A good estimator shoul...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Introduction To Probability And Statistics
ISBN: 9780495389538
13th Edition
Authors: William Mendenhall, Robert J. Beaver, Barbara M. Beaver
Question Posted:
Students also viewed these Mathematics questions
-
Two characteristics of the population aged 65 and over are shown below for 2004. Illustrate each characteristic with a pie graph. Marital status Educational attainment Never married 3.9% Less than...
-
Independent random samples of n1 = 500 and n2 = 500 observations were selected from binomial populations 1 and 2, and x1 = 120 and x2 = 147 successes were observed. a. What is the best point...
-
What is a point estimator of a population parameter?
-
10 1 Journalize the following transactions for Bigelow Company for the month of October. 31 Oct Stockholders invest cash in the company in exchange for common stock. 5 Oct The company buys a delivery...
-
Marathon Running Shoes reports the following: 2018 Sep. 1 Recorded National Express credit card sales for of $96,000, net of processor fee of 1%. Ignore Cost of Goods Sold. 15 Recorded ValueMax...
-
Table E12-3 provides the highway gasoline mileage test results for 2005 model year vehicles from DaimlerChrysler. The full table of data (available on the books Web site) contains the same data for...
-
For the following six items, indicate which financial statement category would be affected: (1) net income or (2) other comprehensive income. a. Realized gain on sale of AFS debt investment. b....
-
1. Would Lyles claim of racial discrimination be for intentional (disparate-treatment) or unintentional (disparate-impact) discrimination? Explain. 2. Can Lyle establish a prima facie case of racial...
-
Laurel Enterprises expects earnings next year of $3.94 per share and has a 40% retention rate, which it plans to keep constant. Its equity cost of capital is 11%, which is earnings are expected to...
-
Wilm Schmidt, the owner of Wilm?s Window Washing Services, had difficulty getting the debits to equal credits on the January 31, 2020, trial balance. The following errors were discovered: a. Schmidt...
-
Repeat the instructions in Exercise 7.85 when four dice are tossed. Two balanced dice are thrown, and the average number on the two upper faces is recorded. a. Use the values = 3.5 and = 1.71 from...
-
Refer to Exercise 8.3. What effect does a larger population variance have on the margin of error? a. n = 30, 2 = .2 b. n = 30, 2 = .9 c. n = 30, 2 = 1.5
-
Why are climate extremes often more important than average climatic conditions? What is the growing season of a plant, and what are some conditions that affect its length?
-
What is the difference, from an accounting perspective, between par and no-par shares?
-
a. Why does the auditor normally specify a low level for the risk of assessing control risk too low? b. What effect does the risk of assessing control risk too low have on sample size?
-
If common shares are issued for capital assets, how is a value determined for the transaction?
-
Compared to financial statement audits, an assurance service on the relevance of performance measures: a. Leverages off of benchmarking. b. Leverages off of a different skill set. c. Ignores measures...
-
Describe the main categories of shareholders' equity.
-
Three sets of information are needed to construct a cash budget. Explain what they are.
-
The executor of Gina Purcells estate has recorded the following information: Assets discovered at death (at fair value): Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ....
-
The taste test for PTC (phenylthiocarbamide) is a favorite exercise for every human genetics class. It has been established that a single gene determines the characteristic, and that 70% of Americans...
-
According to the Humane Society of the United States, there are approximately 77.5 million owned dogs in the United States, and approximately 40% of all U.S. households own at least one dog. Suppose...
-
Consider a Poisson random variable with = 2.5. Use the Poisson formula to calculate the following probabilities: a. P(x = 0) b. P(x = 1) c. P(x = 2) d. P(x 2)
-
If a price floor is above equilibrium, we may see: Question 8 options: a ) a low quality of the good being offered b ) a shortage of the good or service in question c ) no impact on the market d )...
-
5. Explain 4 indications for thyroidectomy. (4 Marks) 6. State three advantages and three disadvantages of ambulatory surgery. (6 marks)
-
1. Describe at least FOUR post-operative complications. 2. State six elements of perioperative surgical asepsis.
Study smarter with the SolutionInn App