Because of sampling error, the point estimate of the population mean may produce an inaccurate prediction.

Name: Because of sampling error, the point estimate of the population mean may produce an inaccurate prediction.
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Question

Quizplus · Accepted Answer

Sampling error refers to the variation between the point estimate and the actual population parameter. This means that the point estimate may not fully represent the population and therefore may not accurately predict the population mean.

Because of Sampling Error, the Point Estimate of the Population