Author Question: A data set in which the mean and median are equal is said to be bimodal data. Indicate whether the ... (Read 75 times)

nelaaney · **on:** Jul 24, 2018

A data set in which the mean and median are equal is said to be bimodal data.
Indicate whether the statement is true or false

Question 2

Explain the difference between a point estimate and an interval estimate.

HandsomeMarc · **Reply #1 on:** Jul 24, 2018

Answer to Question 1

F

Answer to Question 2

A point estimate for a parameter is a single number designed to estimate a quantitative parameter of a population, usually the value of the corresponding sample statistic. An interval estimate is an interval bounded by two values and used to estimate the value of a population parameter. The values that bound the interval are statistics calculated from the sample that is being used as the basis for the estimation.