Which of the Following Statements Are Correct

question 6

Multiple Choice

Which of the following statements are correct?

• A) A point estimate is an estimate of the range of a population parameter
• B) A point estimate is a single value estimate of the value of a population parameter
• C) A point estimate is an unbiased estimator if its standard deviation is the same as the actual value of the population standard deviation
• D) All of these options

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Definitions:

Type I Errors

Mistakes made by falsely rejecting the null hypothesis when it is in fact true; also known as false positives.

Familywise Error

The overall likelihood that a Type I error (incorrect rejection of a true null hypothesis) will occur across a set of related hypotheses.

Type I Error

Error that occurs when the null hypothesis is true but the decision is made to reject the null hypothesis.

Probability

Likelihood of occurrence of a particular outcome of an event given all possible outcomes.