Author Question: The one sure thing that can be said about a point estimate is that it will most likely be subject to ... (Read 23 times)

cagreen833 · **on:** Jun 24, 2018

The one sure thing that can be said about a point estimate is that it will most likely be subject to sampling error and not equal the parameter.

Indicate whether the statement is true or false

Question 2

Recently a survey was conducted in which customers of a large insurance company were asked to indicate the number of speeding tickets they had received in the past three years.

The data in this case would most likely be analyzed using a frequency distribution with the data grouped into classes such as 0-2, 3-5, 6-8, etc. Indicate whether the statement is true or false