Examlex

Solved

Frontier Science Always Ends Up Being Unreliable Science

question 36

True/False

Frontier science always ends up being unreliable science.

Understand the concept of bootstrapping as a resampling technique to estimate the distribution of a statistic from a sample.
Compute and interpret the bootstrap estimate of bias and standard error for sample statistics.
Construct and interpret bootstrap confidence intervals for population parameters based on sample statistics.
Recognize the plug-in principle in statistical estimation and its application in bootstrapping.

Definitions:

Assignable

Capable of being transferred or made over to the legal control of another party, commonly referring to rights or property under contract.

Donee Beneficiary

A third party who stands to benefit from the execution of a contract, although not a direct party to the agreement.

Life Insurance

A contract between an insurer and a policyholder in which the insurer promises to pay a designated beneficiary a sum of money in exchange for a premium, upon the death of the insured person.

Public Interest

Public Interest refers to the welfare or well-being of the general public and society at large.

Related Questions