Question: Financial models typically generate either point estimates or range estimates. Uma Patel is using financial modeling to generate an estimate of the rate of return

Financial models typically generate either point estimates or range estimates. Uma Patel is using financial modeling to generate an estimate of the rate of return on an investment. The model produced an estimate of a gain of between 5% and 8%. In this situation, the output of the model is correctly described as both a point estimate and an independent variable point estimate and a dependent variable range estimate and an independent variable range estimate and a dependent variable

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