A researcher has identified in the average salary for a sample of his employees. If he wants to make general conclusions about the population of employees, what is that average salary?
A) point estimate
B) confidence interval
C) interval estimate
D) point interval
Correct Answer:
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Q1: A single "best guess" from a sample
Q2: Which of the following is an
Q3: You randomly draw a sample of
Q4: You randomly draw a sample of
Q5: Your point estimate is likely to be
Q7: Which of the following situations would
Q8: An advantage to using interval estimates instead
Q9: A range of values in which we'd
Q10: In order to calculate the boundaries of
Q11: If you compute an interval with a
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