Examlex
Which of the following $1,000 face-value securities has the highest yield to maturity?
Point Estimate
A single value or statistic that serves as the best guess or estimate of a population parameter based on sample data.
Interval Estimate
An estimate of a population parameter that specifies a range of possible values within which the parameter is expected to lie, usually expressed with a degree of confidence.
Confidence Interval
An interval of values obtained from statistical study of a sample, which is believed to cover the value of a hidden population parameter.
Applicants
Individuals or entities that apply for something, such as a job, grant, or college admission.
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