A point estimate of a population parameter will likely be different from the corresponding population value due to the fact that point estimates are subject to sampling error.
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Q. 2The one-way ANOVA assumes that the population means are equal.
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Q. 3If a store manager has recently stated that she estimates the mean amount spent per customer per visit to be between 38.75 and 72.23, the numbers 38.75 and 72.23 are considered point estimates for the true population mean.
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Q. 4The term one-way ANOVA refers to the fact that in conducting the test, there is only one way to partition the total sum of squares.
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Q. 5If the campaign manager of John Kerry is interested in estimating the proportion of registered voters who will support Kerry on November 2nd, 2004, the sample proportion p would be the appropriate point estimate.
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Q. 6In one-way ANOVA, there is a single factor of interest but there may be multiple levels of the factor.
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Q. 7If a store manager is interested in estimating the mean amount spent per customer per visit at her store, the sample mean x would be the approximate point estimate.
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