The maximum distance between an estimator and the true value of a parameter is called the margin of error.

Name: The maximum distance between an estimator and the true value of a parameter is called the margin of error.
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This statement is true. The margin of error gives an idea about the level of accuracy or precision of an estimator. It represents the distance between the point estimate and the true value of the parameter, such that the estimation lies within a certain range or interval of values.

The Maximum Distance Between an Estimator and the True Value