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# scm week 7 notes 200

Penn State

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week 7, week of test. notes limited
COURSE
PROF.
Marilyn Blanco
TYPE
Class Notes
PAGES
1
WORDS
CONCEPTS
yos
KARMA
25 ?

## Popular in Supply Chain Management (business statistics)

This 1 page Class Notes was uploaded by Evangelos Katradis on Sunday March 27, 2016. The Class Notes belongs to 200 at Pennsylvania State University taught by Marilyn Blanco in Fall. Since its upload, it has received 9 views. For similar materials see Supply Chain Management (business statistics) in Business at Pennsylvania State University.

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Date Created: 03/27/16
SCM 200 week 7 notes E(statistic)= parameter E(x bar)= mu Point and interval estimates: • a point estimate is a single # that is used to estimate an unknown population  parameter an interval estimate (or confidence interval) is a range of #’s thought to contain  • an unknown parameter value T/F All standard deviations are standard errors, but not all standard errors are standard  deviations.........F T/F A sampling distribution is a distribution of all possible values of a statistic for a give  sample size.....T T/F Given a population standard deviation, as a sample size increases, standard error  also increases....F

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