Multiple Choice
The basic difference between a point estimate and a confidence interval is ________.
A) a point estimate is used to estimate a sample statistic while a confidence interval is used to determine a population parameter
B) confidence intervals are statistically more certain than point estimates
C) a point estimate combines sampling error in a single value while a confidence interval is a range of value estimates
D) a point estimate is a single value while a confidence interval is a range of values
Correct Answer:
Verified
Correct Answer:
Verified
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