The major problem with point estimation is that it
A)cannot be utilized to estimate population parameters.
B)cannot be utilized with sample data.
C)is extremely vulnerable to sampling error.
D)provides only a single point in its estimate.

Question

Quizplus · Accepted Answer

Point estimation is vulnerable to sampling error because it provides only a single value as an estimate, which may not accurately reflect the true population parameter due to variability in sample data.

The Major Problem with Point Estimation Is That It