An estimate of a population parameter that provides an interval of values believed to contain the value of the parameter is known as the
a. confidence level.
b. interval estimate
c. parameter level.
d. population estimate.
b
RATIONALE: An estimate of a population parameter that provides an interval of values believed to contain the value of the parameter is known as the interval estimate.
You might also like to view...
Line Corporation's balance sheet showed the following amounts for their liability and stockholders' equity accounts: Current Liabilities, $5,000; Bonds Payable, $1,500; Lease Obligations, $2,000; and Deferred Income Taxes, $300 . Total stockholders' equity was $6,000 . The debt-to-equity ratio is
a. 0.63 b. 0.83 c. 1.42 d. 1.47
On a bank statement, deposits are listed as credits because the bank increases its liability to the depositor when the deposit is made.
Answer the following statement true (T) or false (F)
Companies that employ a market development growth strategy ________
A) sell new products and services to existing groups of buyers B) sell their existing products and services into new markets C) innovate new products and services targeted at new groups of customers D) market existing products and services to existing customers in new ways
In order to prepare a sales budget, a ____ is required
A) production budget B) sales forecast C) static budget D) flexible budget