The ___________ Is a Minimum-Variance Unbiased Point Estimate of the Mean

question 84

Multiple Choice

The ___________ is a minimum-variance unbiased point estimate of the mean of a normally distributed population.

• A)Sample mean
• B)Sample variance
• C)Sample standard deviation
• D)Observed mean

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Definitions:

Sample Size

Pertains to the count of items or participants chosen from a larger group for statistical examination.

Population

The total set of observations or elements from which samples can be drawn for statistical analysis.

Random Number Table

A table consisting of sequences of numbers generated in a random fashion, used for random sampling and simulation in statistical analysis.

Random Number Generator

An algorithm or device designed to produce a sequence of numbers or symbols that cannot be reasonably predicted better than by random chance.