A single numerical value used as an estimate of a population parameter is known as a

A) parameter.
B) population parameter.
C) mean estimator.
D) point estimate.

Question

A single numerical value used as an estimate of a population parameter is known as aA)  parameter.B)  population parameter.C)  mean estimator.D)  point estimate.

sophia debergh · Accepted Answer

Final Answer : D, Explanation :  A point estimate is a single numerical value used as an estimate of a population parameter. Option A and B are similar as parameter refers to any numerical characteristic of a population, while population parameter specifies a specific numerical characteristic of a population. Option C is incorrect as the mean estimator is a method or formula used to calculate the mean, which is a type of parameter.

A single numerical value used as an estimate of a population parameter is known as a

A) parameter.
B) population parameter.
C) mean estimator.
D) point estimate.

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