[Step-by-Step] In your own words explain the difference between a point estimate and an interval estimate of a parameter? Which is better?
Question: In your own words explain the difference between a point estimate and an interval estimate of a parameter? Which is better? Why?
Deliverable: Word Document 
![[Step-by-Step] What information is necessary to calculate](/images/solutions/MC-solution-library-32979.jpg "[Step-by-Step] What information is necessary to calculate a confidence")
[Step-by-Step] What information is necessary to calculate a confidence
![[Steps Shown] Choose a variable (such as](/images/solutions/MC-solution-library-32980.jpg "[Steps Shown] Choose a variable (such as number of daily admissions")
[Steps Shown] Choose a variable (such as number of daily admissions
(See Steps) A sample of the math test scores of 35 fourth-graders
![[See Steps] A researcher is interested in](/images/solutions/MC-solution-library-32982.jpg "[See Steps] A researcher is interested in estimating the average")
[See Steps] A researcher is interested in estimating the average
(See Solution) A researcher claims that the average age of people
R Squared to Adjusted R Squared calculator - MathCracker.com