Question: D Question 42 1 What is one important difference between a point estimate and a confidence interval? The confidence interval can be used only for

 D Question 42 1 What is one important difference between a
point estimate and a confidence interval? The confidence interval can be used

D Question 42 1 What is one important difference between a point estimate and a confidence interval? The confidence interval can be used only for unbiased statistics but a point estimate can be used for any kind of statistics O A point estimate gives a single value but a confidence interval gives a range of values O The point estimate is based on sample data instead of population data The point estimate cannot be used for inferring population values

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!