What is a point estimate of the mean?
A) A single value as an estimate of a population mean based on a sample
B) An interval estimate of the mean
C) An interval estimate based on 68% confidence interval for a mean
D) An interval estimate based on 99% confidence interval for a mean

Question

Quizplus · Accepted Answer

A point estimate of the mean refers to a single value that serves as the best estimate of the population mean based on the data from a sample. It does not involve an interval but rather a specific value derived from sample data.

What Is a Point Estimate of the Mean