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CONCEPT OF ESTIMATION
| Institution | Kenyatta University |
| Course | BACHELORS OF ECONOMI... |
| Year | 1st Year |
| Semester | Unknown |
| Posted By | stephen oyake rabilo |
| File Type | |
| Pages | 41 Pages |
| File Size | 3.42 MB |
| Views | 1723 |
| Downloads | 0 |
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Description
1.1 Introduction
In this lesson we introduce the concept of estimation and distinguishing between parameters
and statistics. Two types of methods of estimation will also be discussed.
1.2 Learning Outcomes
By the end of this lesson the learner will be able to:
1.2.1 Explain the concept of estimation of parameters using sample characteristics
or statistics.
1.2.2 Distinguish between point and interval estimations
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