Are You a Pro at Estimating Proportions?
6 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which formula is used to compute the point estimate of the population proportion?

  • chi-square formula
  • t-score formula
  • binomial proportion formula (correct)
  • z-score formula

What is the margin of error in a point estimate?

  • The difference between the sample mean and the population mean
  • The range of values within which the population parameter is estimated to fall (correct)
  • The standard deviation of the sample
  • The difference between the sample proportion and the population proportion

What happens to the margin of error when the sample size increases?

  • It remains the same
  • It decreases (correct)
  • It becomes undefined
  • It increases

What is the purpose of computing the point estimate of the population proportion?

<p>To estimate the population proportion based on a sample (D)</p> Signup and view all the answers

What is the formula for computing the point estimate of the population proportion?

<p>(Number of successes in sample) / (Sample size) (C)</p> Signup and view all the answers

How does the sample size affect the accuracy of the point estimate of the population proportion?

<p>A larger sample size always results in a more accurate estimate (A)</p> Signup and view all the answers

More Like This

Use Quizgecko on...
Browser
Open
Browser
Browser