What Is The General Form Of An Interval Estimate? The general form of an interval estimate of a population mean or population proportion is the point estimate plus or minus the margin of error. Explanation: An interval estimate is used to estimate a population parameter by using sample data. What is the formula for interval
What Is An Interval Estimate Of A Population Parameter? Interval estimation, in statistics, the evaluation of a parameter—for example, the mean (average)—of a population by computing an interval, or range of values, within which the parameter is most likely to be located. What is interval estimation with example? An interval is a range of values
What Do We Call The Amount Being Added And Subtracted In An Interval Estimate? The value added or subtracted from a point estimate in order to develop an interval estimate of population parameter is known as MARGIN OF ERROR. What does an interval estimate estimate? Interval estimate. An interval estimate is defined by two numbers,