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What is a point estimate?

帮考网校2020-11-26 16:51:00
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A point estimate is a single value that is used to estimate an unknown population parameter, such as the mean or proportion. It is calculated from a sample and is used to make inferences about the population parameter. For example, the sample mean is a point estimate of the population mean, and the sample proportion is a point estimate of the population proportion.
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