What is a point estimator?Group of answer choicesSingle value that estimates a population parameterStandard error of the meanThe margin of errorA range of values
Question
What is a point estimator?Group of answer choicesSingle value that estimates a population parameterStandard error of the meanThe margin of errorA range of values
Solution
A point estimator is a single value that estimates a population parameter. It is used in statistics to provide the most likely single value for a population parameter based on the data from a sample. This could be the mean, median, mode, standard deviation, etc. of a population. The point estimator gives us a specific numerical value as an estimate of a population parameter.
Similar Questions
A point estimate is a single number derived from sample data that is used to estimate the value of a population parameter.Group of answer choicesTrueFalse
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