Distinguish between finite and infinite populations and the differences in sampling the populations.Give a definition and application of point estimation in the context of sampling.Discuss how to apply the following concepts to sampling distribution:MeanStandard DeviationMathematical relationship between variance and standard deviation.Discuss sampling methods and give an example of each.Explain the determination of population mean when the standard deviation is known and unknown.Explain how mean and standard deviation is determined in terms of population proportion.Describe how to develop both null and alternative hypotheses for an experiment.Define and give an example of Type I and Type II Errors in a data sample.Describe how we use one-tailed and two-tailed tests in a data sample when the standard deviation is known or unknown.Explain population proportion.
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