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Posted: July 2nd, 2024
U. Houston -TMTH 3360 – A point estimate is a single number
Which statement is correct?A point estimate is a single number that has been calculated to estimate the population parameter.A point estimate is an estimate of the range of values for which an unknown, but true sample statistic lies.A point estimate is a sample statistic such that the mean of all possible values equals the population parameter.A point estimate is the sum of an estimatorâs squared bias plus its variance.
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