header bg

Scan QR code or get instant email to install app

Question:

When estimating a population mean or constructing a confidence interval based on the central limit theorem:

A the midpoint of a confidence interval is a point estimate of the population parameter.
explanation

Confidence intervals for a population mean based on a sample are constructed by multiplying the standard error of a point estimate by a reliability factor, and adding this value to, and subtracting it from, the point estimate. Thus, the point estimate is the midpoint of the confidence interval. The probability that the actual value of the parameter is within a confidence interval is the degree of confidence, which equals one minus the degree of significance. Degrees of confidence or significance apply to confidence intervals but not to point estimates.

Comments

Leave a Reply

Your email address will not be published.

*