The Problem with Relying on a Point Estimate of a Population

question 91

Multiple Choice

The problem with relying on a point estimate of a population parameter is that:

• A)it is virtually certain to be wrong.
• B)it doesn't have the capacity to reflect the effects of larger sample sizes.
• C)it doesn't tell us how close or far the point estimate might be from the parameter.
• D)All of these choices are true.

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Definitions:

Effortful Memory

A type of memory that requires conscious effort and attention to encode and recall information, opposed to automatic memory processes.

Procedural Memory

A type of long-term memory responsible for knowing how to perform different actions and skills, essentially the memory of how to do things.

Recall

The cognitive process of retrieving information from memory, which can range from remembering past events to recollecting learned facts.

Semantic Encoding

The process of encoding sensory information into memory in a meaningful way, associating it with concepts and knowledge already in memory.