The process of specifying a range of values within which the population parameter is estimated to fall is known as
A)interval estimation.
B)mean estimation.
C)point estimation.
D)population estimation.

Question

Quizplus · Accepted Answer

Interval estimation is the process of specifying a range of values within which the population parameter is estimated to fall. Mean estimation and population estimation are not accurate definitions for this process. Point estimation is the process of estimating the value of the population parameter by using the value of a point estimator, which is a function of the sample data.

The Process of Specifying a Range of Values Within Which