QUANTITATIVE RESEARCH TECHNIQUES + STATISTICS - PEREGRINE | 70 QUESTIONS WITH 100% CORRECT ANSWERS | UPDATED & VERIFIED

QUANTITATIVE RESEARCH TECHNIQUES + STATISTICS - PEREGRINE | 70 QUESTIONS WITH 100% CORRECT ANSWERS | UPDATED & VERIFIED
Question : A company developed a smartphone whose
average lifetime is unknown. In order to estimate the
average, 200 smartphones are randomly selected from a large
production line and tested; their average is found to be 5
years. The 200 smartphones represent:
a sample
Correct answer: a sample
Question : Significance level
Correct answer: Measures the reliability of a statistical
inference
Question : inferential statistics
Correct answer: Process of using sample statistics
(mathematics) to draw conclusions about population
parameters
Question : mutually exclusive
Correct answer: Events that cannot occur at the same time.

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