Mathematics · Statistics
The magnitude of the difference between the point estimate and the true value of the population parameter being estimated is known as: (a) Sampling error (b) Estimation error (c) Probable error (d) Standard error Choose the correct option:
- 1(a) and (d) only
- 2(a) and (b) only✓
- 3(b) and (c) only
- 4(a) and (c) only
Correct answer
(a) and (b) only
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