Parameter estimation involves the use of three values.Which of the following is NOT one of the three values?
A)The sample statistic(such as the mean or the percentage)
B)The desired population
C)The standard error of the statistic
D)The desired level of confidence(usually 95% or 99%)

Question

Quizplus · Accepted Answer

The three values required for parameter estimation are the sample statistic (such as mean or percentage), the standard error of the statistic, and the desired level of confidence (usually 95% or 99%). The desired population is not one of the three values required for parameter estimation, as the population is usually assumed to be unknown and is being estimated based on the sample data.

Parameter Estimation Involves the Use of Three Values