The absolute value of the difference between the point estimate and the population parameter it estimates is
A)the standard error
B)the sampling error
C)precision
D)the error of confidence

Question

Quizplus · Accepted Answer

The absolute value of the difference between the point estimate and the population parameter it estimates is the sampling error. The standard error measures the variability of the sampling distribution, precision refers to how close a set of measurements are to each other, and the error of confidence is not a commonly used term in statistics.

The Absolute Value of the Difference Between the Point Estimate