The unknown parameter of a population is presumed to lie at the centre of the interval that the point estimate and margin of error create.

Question

Quizplus · Accepted Answer

The unknown parameter is not presumed to lie at the center of the confidence interval; it is simply within the interval with a certain level of confidence. The point estimate is at the center, but the true parameter could be anywhere within the interval.

The Unknown Parameter of a Population Is Presumed to Lie