A point estimate is subject to sampling error and will almost always be different from the true value of the population parameter.

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Quizplus · Accepted Answer

A point estimate is a single value that is used to estimate the population parameter. It is based on a sample and is subject to sampling error, which means it may not be exactly equal to the true value of the parameter. This is why it is important to calculate a confidence interval around the point estimate to get an idea of how much sampling error is present and to have an idea of the range of values that the true parameter value could fall within.

A Point Estimate Is Subject to Sampling Error and Will