A _______ is a single value that best describes the population of interest.
A)confidence level
B)confidence interval
C)margin of error
D)point estimate

Question

Quizplus · Accepted Answer

A point estimate is a single value (statistic) that serves as the best guess or best estimate of a population parameter (the true value of the population). Confidence levels, confidence intervals, and margins of error are related to the precision and reliability of this estimate, but they are not themselves single values that describe the population.

A _______ Is a Single Value That Best Describes the Population