Justify the following: Ture or False
1.)A good point estimate is both unbiased and has small standarddeviation.
2.)The confidence level C is NOT the probability that the trueparameter values is contained in a specified confidenceinterval.
3.)If you took 100 samples and computed 95% confidence intervalsfor (u) in each. Approximatley 95% of the confidenceintervals will contain the true parameter value.
4.) It is useless to compute a confidence interval using censusdata.
