In variables estimation sampling, the sample standard deviation is used to calculate the:
A) Point estimate of central tendency.
B) Tainting of the sample interval.
C) Risk of incorrect acceptance.
D) Adjusted allowance for sampling risk.

Question

Quizplus · Accepted Answer

In variables estimation sampling, the sample standard deviation is used to calculate the adjusted allowance for sampling risk. This allows for a more accurate determination of the interval estimate and takes into account the variability of the population. It is not used to calculate the point estimate of central tendency, tainting of the sample interval, or risk of incorrect acceptance.

In Variables Estimation Sampling, the Sample Standard Deviation Is Used