individual outcome of an experiment
Chat with our AI personalities
A point estimate of a population parameter is a single value of a statistic. For example, the sample mean x is a point estimate of the population mean μ. Similarly, the sample proportion p is a point estimate of the population proportion P.
refers to difference between sample & population that exist only coz of the observations that happened to be selected for the sample.
Nearly true. It is a point estimate, not point ofestimate.
like for example if a diesel sample is contaminated by paraffin and the flash point is altered is the IBP also altered?
melting point