The reliability of an estimator is assessed in terms of its _____. Select one: a. mean  b. ease of computation c. coefficient of variation d. variance

An estimator () is said to be a consistent estimator if the bias of (✔) goes to zero as the sample size gets larger and larger and the variance goes to zero. O True False

A sports shop selects a random sample and records the sales of items made in China and thosemade in America. Country of origin n mean St.Deviation           China 50 22.5 9.75           America 33 33.15 11.6                             What is the SE Mean for the sales from China?

A large consumer goods company ran a television advertisement for one of its soap products. On the basis of a survey that was conducted, probabilities were assigned to the following events. B = individual purchased the product S = individual recalls seeing the advertisement BnS = individual purchased the product and recalls seeing the advertisement The probabilities assigned were P(B) = 0.20, P(S) = 0.40, and P(BS) = 0.12. a. What is the probability of an individual's purchasing the product given that the individual recalls seeing the advertisement (to 1 decimal)? Does seeing the advertisement increase the probability that the individual will purchase the product? - Select your answer - As a decision maker, would you recommend continuing the advertisement (assuming that the cost is reasonable)? - Select your answer - + b. Assume that individuals who do not purchase the company's soap product buy from its competitors. What would be your estimate of the company's market share (to the…