An estimate of a population parameter that provides an interval believed to contain the value of the parameter is known as the _____.
A) confidence level
B) interval estimate
C) parameter value
D) population estimate

Question

Quizplus · Accepted Answer

An interval estimate provides a range of values within which the population parameter is likely to exist. Confidence level refers to the probability that the interval estimate contains the true population parameter. Parameter value is the actual value of the population parameter, while population estimate is an estimate of the parameter based on sample data.

An Estimate of a Population Parameter That Provides an Interval