Asked by Mo Cain Jumaah on Jun 19, 2024
Verified
The sample statistic, such as 
, s, or 
, that provides the point estimate of the population parameter is known as a
A) point estimator.
B) parameter.
C) population parameter.
D) population statistic.
Population Parameter
A numerical characteristic or measure that describes an aspect of a population, such as its mean or variance.
- Detect and fathom the purpose of point estimators in the realm of statistical inference.
Verified Answer
AQ
Andrew QuinteroJun 24, 2024
Final Answer :
A
Explanation :
A point estimator is a specific value calculated from a sample that is used to estimate an unknown population parameter. The given sample statistic, such as or , is an example of a point estimator as it provides an estimate of the population parameter based on the sample data. Option B, C, and D are not correct as parameter refers to the actual population value, population parameter refers to the characteristics of the population being studied, and population statistic is an unknown characteristic of the population.
or , is an example of a point estimator as it provides an estimate of the population parameter based on the sample data. Option B, C, and D are not correct as parameter refers to the actual population value, population parameter refers to the characteristics of the population being studied, and population statistic is an unknown characteristic of the population.
Learning Objectives
- Detect and fathom the purpose of point estimators in the realm of statistical inference.