Term

Definition
A single value (point) derived from a sample and used to estimate a population value 


Term

Definition
A more informative approach is to present a range of values in which we expect the population parameter to occur. Such a range of values is called... 


Term

Definition
The statistic, computed from sample information, which is used to estimate the population parameter 


Term

Definition
A range of values constructed from sample data so that the population parameter is likely to occur within that range at a specified probability. The specified probability is called the level of confidence. 


Term
95 percent confidence & 99 percent confidence interval 

Definition
Intervals computed in the standard error fashion are called... 


Term

Definition
the fraction, ratio, or percent indicating the part of the sample or population having a particular trait of interest 


Term
Finitepopulation correction factor 

Definition
If we are determining the confidence interval for a proportion, then we need to adjust the standard error of the proportion in formula. This adjustment is called... 


Term
Choosing an Appropriate Sample Size 

Definition


Term
Choosing an Appropriate Sample Size 

Definition
Use a rangebased approach 


Term
Choosing an Appropriate Sample Size 

Definition

