In point estimation, data from the
A)population is used to estimate the population parameter
B)sample is used to estimate the population parameter
C)sample is used to estimate the sample statistic
D)None of the alternative ANSWERS is correct.

Question

Quizplus · Accepted Answer

Point estimation involves using data from a sample to estimate a population parameter. Therefore, the correct choice is B, which states that a sample is used to estimate the population parameter. Choice A is incorrect because it suggests that the population parameter is already known, which is not the case. Choice C is incorrect because it pertains to estimating sample statistics, not population parameters. Choice D is incorrect because one of the other options is correct.

In Point Estimation, Data from the