Match the LIST-I with LIST-II
LIST-I (Term) LIST-II (Definition) A. Confidence level I. In a confidence interval, the range of values, above and below the sample statistic. B. Margin of error II. It is the probability of making Type-I error, when null hypothesis is true as an equality. C. Level of significance III. It involves the use of sample data to calculate a single value of an unknown population parameter. D. Point estimation IV. It describes the uncertainty of a sampling method.
Choose the correct answer from the options given below:
Match the LIST-I with LIST-II
| LIST-I (Term) | LIST-II (Definition) | |
|---|---|---|
| A. Confidence level | I. In a confidence interval, the range of values, above and below the sample statistic. | |
| B. Margin of error | II. It is the probability of making Type-I error, when null hypothesis is true as an equality. | |
| C. Level of significance | III. It involves the use of sample data to calculate a single value of an unknown population parameter. | |
| D. Point estimation | IV. It describes the uncertainty of a sampling method. |
Choose the correct answer from the options given below:
Solution
✅ Correct Option: 2
Confidence level expresses how much uncertainty attaches to the sampling method (IV).
Margin of error is the spread taken above and below the sample statistic (I).
Level of significance is the chance of rejecting a true null hypothesis (II).
Point estimation produces a single value for a parameter (III).
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