Which statement is true?Point estimates are used to make Inferences about population parameters.When we use...

50.1K

Verified Solution

Question

Basic Math

image

Which statement is true?Point estimates are used to make Inferences about population parameters.When we use the population mean and proportion to summarize information about the entire population, we call them point estimates.The population mean and proportion are always equal to their corresponding point estimates.The sample mean and sample proportion of a population are called population parameters.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students