Estimating Population Mean

From Mathematics, Statistics
Due on 06 Oct, 2016 12:00:00
Asked On 05 Oct, 2016 04:30:24
Due date has already passed, but you can still post solutions.

Question posted by

Krystal03
Rating : 0
Grade : No Rating
Questions : 10
Solutions : 0
Blog : 0
Earned : $0.00

discuss in your own words (with examples):

a. What is the point estimator of the population mean, μ? How would you calculate the margin of error for an estimate of μ?

b. Explain the various alternatives for decreasing the width of a confidence interval. Which is the best alternative?

c. Briefly explain how the width of a confidence interval decreases with an increase in the sample size. Give an example.

d. Briefly explain how the width of a confidence interval decreases with a decrease in the confidence level. Give an example.

Please Login or Register To Submit the Solution for the Question

Available Answers

$ 5.00

[Solved] Estimating Population Mean

This solution is not purchased yet.
Submitted On 05 Oct, 2016 08:09:12

Answer posted by

Mickeygabz
Rating : 26
Grade : A+
Questions : 1
Solutions : 194
Blog : 0
Earned : $485.60

See attached ..................

Buy now to view the complete solution

Attachment

Solution_Estimating population mean.docx (14 KB)

The benefits of buying study notes from CourseMerits

Assurance Of Timely Delivery

We value your patience, and to ensure you always receive your homework help within the promised time, our dedicated team of tutors begins their work as soon as the request arrives.

Best Price In The Market

All the services that are available on our page cost only a nominal amount of money. In fact, the prices are lower than the industry standards. You can always expect value for money from us.

Uninterrupted 24/7 Support

Our customer support wing remains online 24x7 to provide you seamless assistance. Also, when you post a query or a request here, you can expect an immediate response from our side.