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Statistical Inference Consists of Two Approaches: Estimating Parameters and Testing

Question 3

Multiple Choice

Statistical inference consists of two approaches: estimating parameters and testing hypotheses. What is point estimation?


A) Provides an estimate of a population parameter
B) Provides a single descriptive value of the population estimate
C) Provides the upper and lower limits of arange of values
D) Provides the ability to make objective decisions about hypothesis validity

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