Asked by Lillian Hernandez on Jul 02, 2024
Verified
Based on the formula 
we can assume that the point estimate 
of the population mean 
will be at the center of the confidence interval estimate.
Point Estimate
A single value or statistic used to estimate an unknown population parameter based on sample data.
Population Mean
The mean value of every number within a given population.
- Identify the differences between point estimates and actual population parameters in statistical inference.
Verified Answer
LR
Logan Reynolds6 days ago
Final Answer :
True
Explanation :
The formula provided suggests that the point estimate is the center of the confidence interval estimate, which means that the interval is constructed around this point estimate. Therefore, the point estimate is indeed assumed to be at the center of the interval.
Learning Objectives
- Identify the differences between point estimates and actual population parameters in statistical inference.