The Problem with Relying on a Point Estimate of a Population

question 91

Multiple Choice

The problem with relying on a point estimate of a population parameter is that:

• A)it is virtually certain to be wrong.
• B)it doesn't have the capacity to reflect the effects of larger sample sizes.
• C)it doesn't tell us how close or far the point estimate might be from the parameter.
• D)All of these choices are true.

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Definitions:

Ethical Relativism

The perspective that moral standards vary across cultures and individuals, and that there are no universal ethical truths.

Socially Defined Behaviour

Actions or behaviors that are shaped, influenced, or regulated by the societal norms and values of a community.

Statistics Canada

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Family

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