Statistics (12th Edition)

Published by Pearson
ISBN 10: 0321755936
ISBN 13: 978-0-32175-593-3

Chapter 7 - Inferences Based on a Single Sample - Exercises 7.1 - 7.26 - Understanding the Principles - Page 306: 7.3


Single number vs an interval is described below.

Work Step by Step

Point estimator is considered a single number calculated from the sample that estimates the target population parameter. On the other hand, the interval estimator is a formula that explains how to use the sample data to calculate an interval that estimates the target parameter.
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.