Please write in BOLD Thanks :) In Lesson Eight you've learned how to construct confidence intervals for...

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Statistics

Please write in BOLD Thanks :)

In Lesson Eight you've learned how to construct confidenceintervals for population parameters and proportions, based on datafrom samples.

  1. In a short paragraph, distinguish between Sampling Error andthe Margin of Error. Explain what each represents and therelationship between them.
  2. In a short paragraph, distinguish between a Point Estimate andan Interval Estimate. Explain what each represents and therelationship between them.
  3. In a short paragraph, distinguish between a Confidence Intervaland the Level of Confidence. Explain what each represents and therelationship between them.
  4. Identify the three components of a Confidence Interval. Explainwhat each represents and the relationship between them.
  5. Describe a potential issue with public opinion polls thatreport interval estimates, but not confidence intervals. Discussthis in a short paragraph.

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Sampling Error It is the error which comes into picture due to outcome of taking a sample from a population rather than using the population itself Sampling error refers to the part of the difference between population value and estimate derived from a sampleThis error can be reduced by increasing the size of the sample Margin of Error The margin of error explains    See Answer
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