Hypothesis Testing Is Part of Inferential Statistics While Parameter Estimation

question 70

True/False

Hypothesis testing is part of inferential statistics while parameter estimation is used in descriptive statistics.

---

Definitions:

Stock Prices

The cost or value of a share of a company's stock traded on the stock market.

Technicians

Analysts who use historical market data, charts, and statistical techniques to predict future market movements, focusing on patterns and prices.

Correlation Coefficient

A quantitative indicator that determines both the magnitude and orientation of a straight-line association between two variables represented on a scatter diagram.

Stock Returns

The gain or loss made on a stock, including dividends, over a specific period, expressed as a percentage of the investment's initial cost.