Which of the Following Types of Float Can Be Virtually

question 59

Multiple Choice

Which of the following types of float can be virtually eliminated through the use of a lock box?

• A)Mail float
• B)Processing float
• C)Transit float
• D)Both a. and b. can be eliminated.
• E)All of the above can be eliminated.

---

Definitions:

Unbiased

An attribute of an estimator in statistics that means the expected value of the estimator equals the true parameter value it estimates.

Consistent

Referring to an attribute or behavior that is reliable and uniform over time, showing little to no variation.

Confidence Interval

A range of values that is used to estimate the true value of a population parameter with a certain level of confidence.

Population Parameter

A population parameter is a numerical value that summarizes or describes a characteristic of the entire population, such as mean, variance, or standard deviation.