estimation

Question 1

estimation

Answer 1

the inferential process of using sample data to estimate population parameters

Question 2

point estimate

Answer 2

using a single number as an estimate of an unknown quantity

Question 3

internal estimate

Answer 3

using a range of values as the estimate of an unknown value

Question 4

confidence interval

Answer 4

a specific level of confidence or probability included with an estimate

Question 5

sampling error

Answer 5

the difference between the sample and the population