Confidence intervals are generally to be preferred over point estimates because confidence intervals
A) have a firmer statistical basis
B) result in greater precision
C) account for sampling error
D) are based on more degrees of freedom

Question

Quizplus · Accepted Answer

Confidence intervals account for sampling error by providing a range of values within which the true parameter is likely to fall, offering more information than a single point estimate.

Confidence Intervals Are Generally to Be Preferred Over Point Estimates