Question

What is the difference between a point estimate and an interval estimate?

What is the difference between a point estimate and an interval estimate?

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
What is the difference between a Point Estimate and a Confidence Interval? Provide an example for...
What is the difference between a Point Estimate and a Confidence Interval? Provide an example for both
Explain the difference between a point estimator and a point estimate.
Explain the difference between a point estimator and a point estimate.
What is a point estimate? What is an interval estimate? What is a confidence interval? ;...
What is a point estimate? What is an interval estimate? What is a confidence interval? ; What does it mean to say that we have 95% confidence in an interval?
could someone explain the difference between the confidence interval estimate of the proportion and the confidence...
could someone explain the difference between the confidence interval estimate of the proportion and the confidence interval estimate of the mean?
a. What is the difference between population mean and sample mean? b. Describe the difference between...
a. What is the difference between population mean and sample mean? b. Describe the difference between point estimate and a confidence interval? c. Describe the role that confidence level play in the confidence interval?
The following questions ask you to compute a point estimate and confidence interval for a difference...
The following questions ask you to compute a point estimate and confidence interval for a difference in proportions, p1 - p2. We let n1 denote the number of trials and x1 the number of observed successes in the first sample; and n2 denote the number of trials and x2 the number of observed successes in the second sample. a. n1 = 10, x1 = 7, n2 = 50, x2 = 5. Compute a point estimate and 95% confidence interval for...
To compute an interval estimate for the difference between the means of two populations, the t...
To compute an interval estimate for the difference between the means of two populations, the t distribution a. is restricted to small sample situations. b. is not restricted to small sample situations. c. can be applied when the populations have equal means. d. can be applied only when the populations have equal standard deviations.
Discuss the difference between a point estimate and a cost probability distribution. Why might you choose...
Discuss the difference between a point estimate and a cost probability distribution. Why might you choose to use one over the other?
In studying his campaign plans, Mr. Singleton wishes to estimate the difference between men's and women's...
In studying his campaign plans, Mr. Singleton wishes to estimate the difference between men's and women's views regarding his appeal as a candidate. He asks his campaign manager to take two random independent samples and find the 80% confidence interval for the difference. A random sample of 507 male voters and 570 female voters was taken. 144 men and 209 women favored Mr. Singleton as a candidate. Find this confidence interval. Step 1 of 3 : Find the point estimate...
Recall the method used to obtain a confidence interval for the difference between two population means...
Recall the method used to obtain a confidence interval for the difference between two population means for matched samples. (a) The following data are from matched samples taken from two populations. Compute the difference value for each element. (Use Population 1 − Population 2.) Element Population Difference 1 2 1 11 8 2 7 8 3 9 6 4 12 7 5 13 10 6 15 15 7 15 14 (b) Compute d. (c) Compute the standard deviation  sd.  (Round your answer...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT