A single numerical value used as an estimate of a population parameter is known as
A)a parameter
B)a population parameter
C)a mean estimator
D)a point estimate

Question

Quizplus · Accepted Answer

A point estimate is a single numerical value used as an estimate of a population parameter. Choices A, B, and C are incorrect because they either refer to a specific type of estimate (such as a population parameter) or do not accurately describe the concept of a point estimate.

A Single Numerical Value Used as an Estimate of a Population