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An Estimate of a Population Parameter That Provides an Interval

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An estimate of a population parameter that provides an interval of values believed to contain the value of the parameter is known as the

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Definitions:

Hypothesis Test

A statistical method used to determine whether there is enough evidence in a sample of data to infer that a certain condition holds true for a larger population.

Critical Value

A point on the scale of the test statistic beyond which we reject the null hypothesis; it is determined by the chosen significance level.

Commuted

The act of reducing a legal penalty or sentence, often referring to changing a prison sentence to one that is less severe.

Hypothesis

An initial theory put forward with partial evidence to guide subsequent research.

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