(Step-by-Step) Describe, in your own words, the following terms and give an example of each. point estimate confidence interval unbiased estimator critical value
Question: Describe, in your own words, the following terms and give an example of each.
- point estimate
- confidence interval
- unbiased estimator
- critical value
- level of confidence
- null hypothesis
- type I error
- hypothesis test
- critical region
- maximum error of estimate
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