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Unformatted text preview: discrete numerical variable. ANSWER: False TYPE: TF DIFFICULTY: Moderate KEYWORDS: continuous random variables, types of data 5. True or False: A statistic is usually used to provide an estimate for a usually unobserved parameter. ANSWER: True TYPE: TF DIFFICULTY: Moderate KEYWORDS: statistic, parameter, inferential statistics 6. True or False: A sample is always a good representation of the target population. ANSWER: False TYPE: TF DIFFICULTY: Easy KEYWORDS: sample, population, sampling method 7. True or False: A statistic is usually unobservable, while a parameter is usually observable. ANSWER: False TYPE: TF DIFFICULTY: Moderate KEYWORDS: statistic, parameter, inferential statistic...
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This note was uploaded on 02/14/2011 for the course ECON 100 taught by Professor Mmm during the Spring '11 term at Allen University.
 Spring '11
 mmm

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