Which of the following describes how an interval estimate is constructed?
A)set the level of significance and then calculate the z-score
B)point estimate plus and minus the standard error
C)point estimate plus and minus the margin of error
D)point estimate plus and minus the z score
E)set the confidence coefficient and then calculate the z-score

Question

Quizplus · Accepted Answer

An interval estimate is constructed by taking a point estimate (such as a sample mean) and adding and subtracting the margin of error to create a range (interval) that is likely to contain the population parameter being estimated.

Which of the Following Describes How an Interval Estimate Is