Question: A single value used to approximate a population parameter Confidence level The number on the borderline separating sample statistics that are likely to occur from

A single value used to approximate a population parameter

Confidence level

The number on the borderline separating sample statistics that are likely to occur from those that a unlikely to occur

confidence interval

The maximum likely difference between the observed sample and the true value of the population

Margin of error

A range of values used to estimate the true value the parameter

Point estimator

The probability of the proportion of times that the confidence interval actually does contain the population parameter

Critical value

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