A rule used to produce a point estimate of a population parameter is called a(n):
A) estimator.
B) probability estimate.
C) axiom.
D) maximum likelihood calculation.

Name: A rule used to produce a point estimate of a population parameter is called a(n): A) estimator. B) probability estimate. C) axiom. D) maximum likelihood calculation.
Brand: Quizplus
Rating: 4.8 (20 reviews)

Question

Quizplus · Accepted Answer

An estimator is a rule or formula used to calculate an estimate of a population parameter based on a sample.

A Rule Used to Produce a Point Estimate of a Population