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Minium 150-200 words: Why is a confidence interval better than a point estimate? Provide an example

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Basic Math

Minium 150-200 words: Why is a confidence intervalbetter than a point estimate? Provide an example

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confidence interval better than a point estimate Point estimation gives us a specific incentive as an estimate of the population parameter Interval estimation gives us a scope of qualities which is probably going to contain the population parameter This interval is known as a    See Answer
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