Question: 1) is a single value (point) computed from sample information and used to estimate a population parameter. a. A Point Estimate b. A Critical Value

 1) is a single value (point) computed from sample information and
used to estimate a population parameter. a. A Point Estimate b. A

1) is a single value (point) computed from sample information and used to estimate a population parameter. a. A Point Estimate b. A Critical Value c. A Hypothesis Test d. A Confidence Interval 2) is a range of values constructed from sample data so that the population parameter is likely to occur within that range as a specified probability. a. A Point Estimate b. A Critical Value c. A Hypothesis Test d. A Confidence Interval 3) A sample of 49 observations is taken from a normal population with a standard deviation of 10. The sample mean of 55. Determine the 95% Confidence Interval for the population mean. Use the z-value of 1.96 as your test statistic. a. 55 + or - 4.3 b. 55 + or - 2.2 c. 55 + or - 2.8 d. 55 + or - 1.8 4) To determine a confidence interval for the population mean with an unknown population standard deviation, we use the z statistic. a. True b. False

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