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The idea of the welfare state has generated a lot of debate in the United States over the past 50 years, especially during elections. The notion of the state guaranteeing basic provisions to citizens, though, is an integral part of our ________ rights.
Population Mean
The average of a set of characteristics (numeric values) in a population; a parameter that describes the central location of the data.
Sample Mean
The average of all data points in a sample, used as an estimate of the population mean.
Unbiased Estimators
Statistical estimators whose expected value is equal to the parameter being estimated.
Variance
A measure of the dispersion indicating how much the values in a data set differ from the mean.
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