estimation Flashcards
1
Q
estimation
A
the inferential process of using sample data to estimate population parameters
2
Q
point estimate
A
using a single number as an estimate of an unknown quantity
3
Q
internal estimate
A
using a range of values as the estimate of an unknown value
4
Q
confidence interval
A
a specific level of confidence or probability included with an estimate
5
Q
sampling error
A
the difference between the sample and the population
