The true standard deviation of the sample may be used directly to estimate the point value of the population mean.

Question

Quizplus · Accepted Answer

While the true standard deviation of the sample can inform our estimation of the population mean, it cannot be used directly to calculate the point value of the population mean. We must also take into account the sample size and the distribution of the data. A confidence interval or hypothesis test is typically used to estimate or test the population mean.

The True Standard Deviation of the Sample May Be Used