A Point Estimate Is an Estimate Where a

question 50

Multiple Choice

A point estimate is an estimate where a

• A)sample statistic is used to estimate the exact value of a population parameter.
• B)sample statistic is used to estimate a range of possible values of a population parameter.
• C)population parameter is used to estimate the exact value of a sample statistic population.
• D)parameter is used to estimate a range of possible values of a sample statistic.

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Definitions:

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The founder and CEO of Dell Technologies, known for pioneering direct sales of personal computers.