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A File Contains an Electronic List of Information That Is

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A file contains an electronic list of information that is formatted for a particular transaction, and the information is changed and manipulated by programs that are written for those purposes.


Definitions:

Interval Estimate

An interval estimate is a range of values derived from sample statistics that is likely to contain the value of an unknown population parameter.

Population Parameter

A numerical value summarizing the entire population that can often be estimated by a statistic derived from a sample.

Margin of Error

The maximum expected difference between the true population parameter and a sample estimate of that parameter.

Estimator's Squared Bias

The squared difference between an estimator's expected value and the true value of the parameter being estimated.

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