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Tamil Nadu Board of Secondary EducationHSC Commerce इयत्ता १२

HSC Commerce इयत्ता १२ - Tamil Nadu Board of Secondary Education Question Bank Solutions for Business Mathematics and Statistics

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Business Mathematics and Statistics
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What is point estimation?

[8] Sampling Techniques and Statistical Inference
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What is interval estimation?

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What is confidence interval?

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Choose the correct alternative:

The method of obtaining the most likely value of the population parameter using statistic is called ______

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Choose the correct alternative:

An estimator is a sample statistic used to estimate a

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______  is a relative property, which states that one estimator is efficient relative to another

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If probability `"P"[|vectheta - theta| < ε] -> 1` as `"n" -> oo` for any positive ε then `vectheta` is said to ______ estimator of `theta`

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Choose the correct alternative:

An estimator is said to be ______ if it contains all the information in the data about the parameter it estimates

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Choose the correct alternative:

An estimate of a population parameter given by two numbers between which the parameter would be expected to lie is called an ______ interval estimate of the parameter

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Define Index Number

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State the uses of Index Number

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Mention the classification of Index Number

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Define Laspeyre’s price index number

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Explain Paasche’s price index number

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Write note on Fisher’s price index number

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State the test of adequacy of index number

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Define Time Reversal Test

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Explain factor reversal test

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Define true value ratio

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Discuss about Cost of Living Index Number

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