document.write( "Question 350252: What is the difference between a point estimate and a confidence interval estimate? Does the confidence interval always contain the true population parameter? Yes or No. I think it is yes.
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document.write( "Interpret what is meant by a 95% confidence interval. \n" );
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Algebra.Com's Answer #250360 by stanbon(75887) ![]() You can put this solution on YOUR website! What is the difference between a point estimate and a confidence interval estimate? \n" ); document.write( "--- \n" ); document.write( "A point estimate is some sample statistic such as sample mean, or \n" ); document.write( "sample proportion. \n" ); document.write( "A confidence interval estimate is a derived interval around a \n" ); document.write( "sample mean or sample proportion that may or may not contain the \n" ); document.write( "population mean or population proportion. \n" ); document.write( "--------------------------------------\r \n" ); document.write( "\n" ); document.write( "Does the confidence interval always contain the true population parameter? Yes or No. No is the correct answer. \n" ); document.write( "-------- \n" ); document.write( "Interpret what is meant by a 95% confidence interval. \n" ); document.write( "Using the method prescribed we can state with 95% confidence \n" ); document.write( "that the interval does contain the population parameter. \n" ); document.write( "================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |