A range of values estimated to have a high probably of conta
A range of values estimated to have a high probably of containing the population value is called:
Point estimate
Standard error of the mean
Confidence interval
Standard deviation
| Point estimate | ||
| Standard error of the mean | ||
| Confidence interval | ||
| Standard deviation |
Solution
It is
OPTION C: CONFIDENCE INTERVAL. [ANSWER]
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The confidence interval is the range of values in which the true population parameter value is there.
