Which of the Following Is a Difference Between Interval Estimates

question 41

Multiple Choice

Which of the following is a difference between interval estimates and point estimates?

• A) Point estimates cannot be used to calculate statistical error, while interval estimate is used to calculate statistical error.
• B) Point estimates provide only a single value for a sample, while interval estimates provide a range of values.
• C) Point estimates indicate the magnitude of potential error in the estimate, while interval estimates don't.
• D) Point estimates on an average provide more information than interval estimates.

---

Definitions:

Reasonable Care

A legal standard that denotes the level of judgment, attention, and caution that a prudent person would reasonably be expected to do under similar circumstances.

Proximate Cause

The legal principle that establishes the cause of an event as being sufficiently related to an injury to be held legally liable for that injury.

Negligent Conduct

Behavior that falls below the standard of care expected to protect others against unreasonable risk of harm.

Defendant's Negligence

Defendant's negligence is a legal concept where the defendant failed to act with the level of care that someone of ordinary prudence would have exercised under the same circumstances, leading to harm or damage.