document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1115112>Question 1115112</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Please help me with this one..<BR>\n" );
document.write( "Explain the difference between a point estimate and an interval estimate. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #730009 by </B><A HREF=/tutors/aboutme.mpl?userid=addingup><B>addingup(3677)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=addingup><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=addingup><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=730009\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Point estimation gives you a particular value as an estimate of the population parameter.  For example, the sample mean is a point estimate of the population mean.<BR>\n" );
document.write( "Interval estimation gives us a range of values which is likely to contain the population parameter. This interval is called a confidence interval. For example, a < x < b (with a dash over the x) is an interval estimate of the population mean &#956;. It indicates that the population mean is greater than a but less than b. </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );