A range or band that the true value is presumed to occur is referred to as a(an):
A) point estimate
B) orthogonal design
C) interval estimate
D) t reference distribution

Question

Quizplus · Accepted Answer

An interval estimate provides a range or band within which the true value is presumed to occur, unlike a point estimate which only provides a single estimate of the true value. An orthogonal design refers to a design where the various factors or variables are independent of each other. A t reference distribution is a distribution used for hypothesis testing and confidence intervals, but it is not related to the specific concept of interval estimates.

A Range or Band That the True Value Is Presumed