Economy, asked by Ravirahulrausha7181, 1 year ago

In order to determine an interval for the mean of a population

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Answered by liza10987654321
0

A point estimate for a population parameter is the "best" single number estimate of that parameter. A confidence interval is a range of values for the population parameter with a level of confidence attached (e.g., 95% confidence that the range or interval contains the parameter).

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