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13)A population consists of 3 numbers: 2, 10 and 6. You randomly select a sample of 2 observations without replacement and calculate the sample mean....
13)A population consists of 3 numbers: 2, 10 and 6. You randomly select a sample of 2 observations without replacement and calculate the sample mean. The expected value of the sample mean is _____.
A)4
B)9
C)3
D)6
12)Which of the following is true for a point estimate?
A)A sample statistic is a point estimate of a population parameter.
B)A point estimate is never equal to a population parameter.
C)A point estimate has less sampling error than a population parameter.
D)The probability distribution of a point estimate is the population distribution.