Question: Select one, when estimating a population parameter by using a sample statistic, the precision level is the desired size of the estimating interval. This is

Select one, when estimating a population parameter by using a sample statistic, the precision level is the desired size of the estimating interval. This is the maximum permissible difference between the sample statistic and the population parameter.

a) Statistic.

b) Confidence level.

c) Precision level.

d) Finite population correction.

e) Confidence interval

f) None above

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