The Value Added and Subtracted from a Point Estimate in Order

question 81

Multiple Choice

The value added and subtracted from a point estimate in order to develop an interval estimate of the population parameter is known as the

• A)confidence level
• B)margin of error
• C)parameter estimate
• D)interval estimate

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Definitions:

Imagined

Imagined pertains to something conceived or visualized in the mind but not necessarily existent in reality.

Vulnerable

A state of being open to harm, damage, or illness, either physically or emotionally, due to external conditions or internal susceptibilities.

Distortions

Alterations or misrepresentations of reality, often seen in perceptions or in cognitive processes.

Photographic Memory

The ability to remember information or visual images in great detail, as if one has taken a photograph of the scene.