Which of the Following Explains Why Point Estimation Can Be

question 2

Multiple Choice

Which of the following explains why point estimation can be a useful procedure to estimate a population mean?

• A)It defines the range of scores within which the population mean is likely to be contained.
• B)The sample mean is equal to the population mean on average.
• C)The sample mean is an unbiased estimator of the population mean.
• D)both B and C

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Definitions:

Cambridge Analytica

A now-defunct political consulting firm known for its role in the collection of personal data of millions of Facebook users without their consent, used for political advertising purposes.

Scandal

An event or action that causes public outrage or shock, usually due to perceived ethical or moral violations.

User Data

Information collected from users, often through online interactions, that can include preferences, behavior, and personal details.

Business Employees

Individuals working within a company or organization performing various roles related to its operations, strategy, and financial performance.