Differentiate between a point estimate and an interval, Basic Statistics

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Differentiate between a point estimate and an interval

1. Differentiate between a point estimate and an interval estimate for a population parameter.

2. What is meant by inferential statistics, and what role does it play in estimation?

3. What is necessary for an interval estimate to be a confidence interval?

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Basic Statistics: Differentiate between a point estimate and an interval

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Basic Statistics: Differentiate between a point estimate and an interval

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