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Chapter 9: Point Estimation

Chapter 9: Point Estimation

pp. 273-301

Authors

, Saint Louis University, Missouri, , Virginia Polytechnic Institute and State University, , Arizona State University
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Summary

We began the last chapter by reviewing the terms population, parameter, sample, and statistic. Parameters are numerical characteristics of a population that we would like to know, but since the population is nearly always too large to make a measurement on every unit, we often rely on a sample from the population.

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