An interval estimate is a range of values within which the actual value of the population parameter,such as $\mu$,may fall.

Name: An interval estimate is a range of values within which the actual value of the population parameter,such as $\mu$,may fall.
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Question

Quizplus · Accepted Answer

This is true. An interval estimate is not a single point estimate, but rather a range of values that is likely to contain the true value of the population parameter with a certain degree of confidence.

An Interval Estimate Is a Range of Values Within Which μ\muμ

An Interval Estimate Is a Range of Values Within Which $\mu$