A sample of three readings is 4, 6 and 8. Compute the sample mean.
Answer: ______________
A sample of three readings is 4, 6 and 8. Compute the sample mean.
Answer: ______________
For the readings 4, 6 and 8 with mean 6, the squared deviations total 8. With the n minus 1 divisor, what is the sample variance?
Priya says the sample mean tends to sit above the population mean. Is Priya right?
Circle one: True False
Why does the sample variance divide by n - 1 instead of n?
For the same sample 4, 6 and 8, compute the sample variance with the n - 1 divisor.
Answer: ______________
An estimator whose bias and variance both drain away as the sample grows is called consistent.
Circle one: True False
Why does the sample variance divide by n minus 1 instead of n?
Estimator A is unbiased with variance 4. Estimator B has bias 0.5 and variance 1. Which has the smaller mean squared error?
A class takes one sample with mean 6 and declares the population mean is exactly 6 with no uncertainty. What is wrong?