1. What is estimation? What is the difference between the two kinds of estimation techniques? 2. Explain the concept of

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

1. What is estimation? What is the difference between the two kinds of estimation techniques? 2. Explain the concept of

Post by answerhappygod »

1 What Is Estimation What Is The Difference Between The Two Kinds Of Estimation Techniques 2 Explain The Concept Of 1
1 What Is Estimation What Is The Difference Between The Two Kinds Of Estimation Techniques 2 Explain The Concept Of 1 (52.4 KiB) Viewed 65 times
1. What is estimation? What is the difference between the two kinds of estimation techniques? 2. Explain the concept of confidence intervals/levels and margins of error -- what information do they provide, what are the formula(s), etc. (Tip: For the exam, you'll want to make sure you can calculate and interpret confidence intervals.) 3. What is the relationship between confidence levels and estimate precision? 4. What is the standard error? Can the standard error be estimated? If so, how? 5. What is the difference between H and H.? (Tip: For the exam, you will need to be able to provide an example of each.)
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply