The Research Design Can Be Thought of as a Plan

question 34

True/False

The research design can be thought of as a plan for how you will be approaching the research.

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Definitions:

Confidence Interval Estimate

A range of values derived from sample data that is likely to contain the value of an unknown population parameter, expressed at a given level of confidence.

Prediction Interval

An estimate of an interval in which future observations will fall, with a certain level of confidence, based on current sample data.

Expected Value

The average outcome or mean of a random variable, calculated as the sum of all possible values each multiplied by its probability of occurrence.

Confidence Interval

A gamut of statistical values, extrapolated from sample data, predicted to likely retain the value of an undisclosed population parameter.