WEEK 7: ESTIMATION AND PARAMETERS

OBJECTIVES:
At the end of the week:
1. Illustrates a point and interval estimation
2. Distinguish between point and interval estimation

DURATION:
1 Week

LEARNING OUTCOMES:
1. Identifies estimator for the population mean
2. Computes for the point estimate of the population mean

AREA OF COMPETENCY:
CRITICAL THINKING

REFERENCES
_________________________________________________________________
Statistics and Probability E-Learning book

MATERIALS NEEDED/TOOLS AND EQUIPMENT

_________________________________________________________________

1. Scientific Calculator and/or excel (Spreadsheet)

Developer/ Mr. Niejay A. Llagas

Instructor
General Mathematics
Date Developed November 2020 (Core Subject)
Page Number 1
 INFORMATION SHEET NO. 6
What is a population?
Population – this is the set of all people, objects, events, or ideas one wish to
investigate.
A population may be finite or infinite.
A finite population is countable; example is the number of customers served in a
restaurant.
An infinite population is something that is difficult to count such as all the results of a
coin tossing experiment to determine the probability of getting heads or tail.
What describes the characteristic of a population?
Parameter describes the characteristic of a population.
The three population parameters in the central tendency are known as the mean,
variance and standard deviation.
What is estimation?
Estimation is the process of determining parameter values.
In statistics, sample mean and standard deviation are used to estimate population
values.
An estimate is a value or a range of values that approximate a parameter.
What is the difference between a point estimate and interval estimate?
Population parameters are usually unknown fixed values but there is a way to determine
them: point estimate and interval estimate.
A point estimate is a specific numerical value of a population parameter.
The sample mean is the best point estimator.
An interval estimate is a range of values that may contain parameter of a population.
1. When will positive bias takes place?
When the mean of a sample statistics from a large number of different random samples
has greater value in the right-tail of the normal curve, it is positive bias or over estimate.
2. When will negative bias takes place?
When the mean of a sample statistics from a large number of different random samples
has greater value in the left-tail of the normal curve, it is negative bias or under estimate
3. When will neutral bias takes place?
Neutrally estimated means there is equal distribution of the samples in the left and right
tail of the normal curve.

1. 2. 3.

Developer Mr. Niejay A. Llagas

Date Developed November 2020 Statistics and Probability

(Core Subject)
Page Number 2
 SELF CHECK NO. 7
Name:__________________________________ Date:___________
Track/Strand:____________________________ Score:_____/60
Direction: Answer the following. Show your computation.
1. What do you call the set of all people, objects, events, or ideas you want to 1. ____
investigate?
a) Infinite b) Finite c) Parameter population
population population
2. What do you call a number that describes a population characteristic. 2. ____
a) Variable b) Decimal c) Sample d) population
3. It is the process of determining parameter values. 3. ____
a) Class interval b) Breakdown c) Confidence d) estimation
point interval
4. It is the process of determining parameter values. 4. ____
a) Class interval b) Break down c) Confidence d) estimation
point interval
5. It is a value or range of values that approximate a parameter. It is based on 5. ____
sample statistics computed from a sample data
a) Bivariate b) None of these c) Average d) estimate
6. What is known as a specific numerical value of a population parameter? 6. ____
a) Interval b) Point estimate c) None of these d) Both point and
estimate choices interval
estimate

Developer Mr. Niejay A. Llagas

Date Developed November 2020 Statistics and Probability

(Core Subject)
Page Number 3
 JOBSHEET NO. 7
Name:________________________________ Date:_____________
Track/Strand:__________________________ Score:____________
Direction. Differentiate parameter and estimation. Cite examples.

Developer Mr. Niejay A. Llagas

Date Developed November 2020 Statistics and Probability

(Core Subject)
Page Number 4