Question

Point estimation and interval estimation

Answer 1

Answer:

point estimation:

point estimation gives us a particular value as an estimate of the population parameter

interval estimation:

interval estimation gives us a range of values which is likely to contain the population parameter.A confidence interval is a random interval....

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Answer 2

Answer:point estimation:

point estimation gives us a particular value as an estimate of the population parameter

interval estimation:

interval estimation gives us a range of values which is likely to contain the population parameter. A confidence interval is a random interval....

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Explanation: