An interval estimate is defined as:
A) the average of the sample values.
B) the range of the sample values.
C) the range of values that are likely to include the actual population parameter.
D) the range of values that are likely to include the actual sample statistic.
E) the population standard deviation.

Question

Quizplus · Accepted Answer

An interval estimate is a statistical range of values that is likely to include the actual population parameter with a certain level of confidence. It is important to note that this range is not the same as the range of the sample values (B) or the average of the sample values (A), and it also does not refer to the range of values that are likely to include the actual sample statistic (D) or the population standard deviation (E).

An Interval Estimate Is Defined As