Online Quiz Estimation

MCQs from Statistical Inference covering the topics of Estimation and Hypothesis Testing for the preparation of exams and different statistical job tests in Government/ Semi-Government or Private Organization sectors. These tests are also helpful in getting admission to different colleges and Universities. The Online Quiz Estimation and Hypothesis Testing Quiz will help the learner to understand the related concepts and enhance the knowledge too.

MCQs EStimation 08MCQs EStimation 07
MCQs EStimation 06MCQs EStimation 05MCQs EStimation 04
MCQs EStimation 03MCQs EStimation 02MCQs EStimation 01
Online Quiz Estimation

Most of the Online MCQs on this Post cover Estimate and Estimation, Testing of Hypothesis, Parametric and Non-Parametric tests, etc.

Statistical inference is a branch of statistics in which we draw conclusions (make wise decisions) about the population parameter by making use of sample information. To draw wise decisions, one can use estimation and hypothesis testing techniques on the basis of extracted information from descriptive statistics. Statistical inference can be further divided into the Estimation of parameters and testing of the hypothesis.

Estimation is a way of finding the unknown value of the population parameter from the sample information by using an estimator (a statistical formula) to estimate the parameter. One can estimate the population parameter by using two approaches (I) Point Estimation and (ii) Interval Estimation.
In point Estimation, a single numerical value is computed for each parameter, while in interval estimation a set of values (interval) for the parameter is constructed. The width of the confidence interval depends on the sample size and confidence coefficient. However, it can be decreased by increasing the sample size. The estimator is a formula used to estimate the population parameter by making use of sample information.

Online Estimation

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Discover more from Statistics for Data Analyst

Subscribe now to keep reading and get access to the full archive.

Continue reading

Scroll to Top