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    Business Statistics Communicating with Numbers Study Set 1
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    Exam 8: Interval Estimation
  5. Question
    A Point Estimate Is a Function of the Random Sample
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A Point Estimate Is a Function of the Random Sample

Question 2

Question 2

True/False

A point estimate is a function of the random sample used to make inferences about the value of an unknown population parameter.A point estimator reflects the actual value of the point estimate derived from a given sample.

Correct Answer:

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