Question:medium

A single value used to estimate population parameter is called

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Remember the difference:
- Estimator: The formula or method (e.g., \( \bar{x} \)).
- Point Estimate: The final single value calculated from the data (e.g., 24.5).
  • Statistic
  • Point estimate
  • Variable
  • Estimator
Show Solution

The Correct Option is B

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