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Explain Briefly Why Interval Estimators Are Preferred to Point Estimators

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Essay

Explain briefly why interval estimators are preferred to point estimators.


Definitions:

Person Analysis

A process for determining individuals' needs and readiness for training.

Performance Feedback

The communication process in which evaluations and opinions about an individual's job performance are shared with them.

Person Analysis

The process of evaluating individual employee's development needs, skills, and performance to tailor training and improvement initiatives.

Impediments

Obstacles, barriers, or factors that hinder progress or achievement of a goal.

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