Instructions
- Distinguish between finite and infinite populations and the differences in sampling the populations.
- Give a definition and application of point estimation in the context of sampling.
- Discuss how to apply the following concepts to sampling distribution:
- Mean
- Standard Deviation
- Mathematical relationship between variance and standard deviation.
- Discuss sampling methods and give an example of each.
- Explain the determination of population mean when the standard deviation is known and unknown.
- Explain how mean and standard deviation is determined in terms of population proportion.
- Describe how to develop both null and alternative hypotheses for an experiment.
- Define and give an example of Type I and Type II Errors in a data sample.
- Describe how we use one-tailed and two-tailed tests in a data sample when the standard deviation is known or unknown.
- Explain population proportion.
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