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point estimate

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Q: What is used to estimate the population parameter?
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What sample statistic is used to estimate a population parameter?

A point estimate is a single value (statistic) used to estimate a population value (parameter)true apex


Number used to estimate a population parameter?

A point estimate is a single value used to estimate a population parameter, such as the sample mean used to estimate the population mean. Confidence intervals can also be used to provide a range within which the population parameter is likely to lie.


Is point estimate a range of values used to estimate a population parameter?

mabye, mabye not


What is Hypothesis Testing of Point Estimate?

A statistical estimate of the population parameter.


If a population consisted of 75000 people surveying 75000 people from the population could result in a parameter but not a point estimate.?

True


What is the the relationship between population and sample parameter and statistic?

The relations depend on what measures. The sample mean is an unbiased estimate for the population mean, with maximum likelihood. The sample maximum is a lower bound for the population maximum.


Is the sample mean a point estimate of the population mean?

A point estimate of a population parameter is a single value of a statistic. For example, the sample mean x is a point estimate of the population mean μ. Similarly, the sample proportion p is a point estimate of the population proportion P.


What is the absolute value of the difference between the point estimate and the population parameter it estimates?

B. The sampling error


What is the difference a parameter and a statistic?

A parameter is a number describing something about a whole population. eg population mean or mode. A statistic is something that describes a sample (eg sample mean)and is used as an estimator for a population parameter. (because samples should represent populations!)


A parameter is a numerical descriptor that is used to describe a population or a sample?

Either.


What is the difference between a parameter and a statistic?

A parameter is a number describing something about a whole population. eg population mean or mode. A statistic is something that describes a sample (eg sample mean)and is used as an estimator for a population parameter. (because samples should represent populations!)


Does a parameter ever change for a set population?

No, a parameter is a fixed value that describes a characteristic of a population. It does not change for a set population. Parameters are typically determined by conducting a study or analysis of the population.