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Business Statistics: For Contemporary Decision Making, 7th Edition
book

Business Statistics: For Contemporary Decision Making, 7th Edition

by Ken Black
October 2011
Intermediate to advanced content levelIntermediate to advanced
928 pages
36h 13m
English
Wiley
Content preview from Business Statistics: For Contemporary Decision Making, 7th Edition

CHAPTER 8

Statistical Inference: Estimation for Single Populations

LEARNING OBJECTIVES

The overall learning objective of Chapter 8 is to help you understand estimating parameters of single populations, thereby enabling you to:

  1. Estimate the population mean with a known population standard deviation with the z statistic, correcting for a finite population if necessary.
  2. Estimate the population mean with an unknown population standard deviation using the t statistic and properties of the t distribution.
  3. Estimate a population proportion using the z statistic.
  4. Use the chi-square distribution to estimate the population variance given the sample variance.
  5. Determine the sample size needed in order to estimate the population mean and population proportion.

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Publisher Resources

ISBN: 9781118213957Purchase book