Statistical Inference Is the Process of Estimating Population Parameters from Sample

question 55

Multiple Choice

Statistical inference is the process of estimating population parameters from sample statistics.

• A)known; known
• B)known; unknown
• C)unknown; unknown
• D)unknown; known

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Definitions:

Dummy Variable

A variable used in regression analysis to represent subgroups of the sample in your study.

Nominal Independent Variable

A variable used in statistical analysis that represents categories without a natural order or ranking.

Indicator Variables

Binary variables that represent presence (1) or absence (0) of a characteristic.

Multiple Regression Model

A statistical procedure involving multiple predictor variables to calculate the outcome of a target variable.