In estimating the population misstatement, the first step in projecting from the sample to the population is to:
A) determine the population mean.
B) calculate the precision interval.
C) make a point estimate.
D) revise the upper error bound.

Question

Quizplus · Accepted Answer

The first step in projecting from the sample to the population is to make a point estimate, which is an educated guess about the true population value based on the sample data. This point estimate serves as a starting point for further analysis and estimation of the population parameter of interest. Option A is not correct as determining the population mean requires knowing the population values, which is often not possible. Option B is not correct as calculating the precision interval is a step in estimating the margin of error, which comes after the point estimate is determined. Option D is not correct as revising the upper error bound also comes after the point estimate and margin of error are calculated.

In Estimating the Population Misstatement, the First Step in Projecting