A point estimate is defined as:
A)the average of the sample values.
B)the average of the population values.
C)a single value of an estimator.
D)an interval within which the population parameter is believed to lie .

Question

Quizplus · Accepted Answer

A point estimate is a single value (point) that is used as an estimate of a population parameter. It is typically computed from the data of a sample and is used to make inferences about the population. Therefore, the correct choice is (C) a single value of an estimator.

A Point Estimate Is Defined As