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Author Question: Which of the following statements about the error boundB(also called the margin of error) is false? (Read 103 times)

llesku

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Which of the following statements about the error boundB(also called the margin of error) is false?

Statisticians routinely construct interval estimates by making their point estimate be the interval center and creating a range of other possible values, known as the error bound, below and above the center.


The error bound is a half-width of an interval estimate, equal to the difference between the point estimate on the one hand and either the lower or upper limit of the interval on the other hand.


The unknown parameter is presumed to lie at the center of the interval that the point estimate and the error bound create.


The error bound takes only sampling error into account, ignoring all other potential sources of error, such as bias in questions, selection bias, or miscalculations.



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Marked as best answer by llesku on Feb 26, 2023

RodrickHac

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llesku

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Reply 2 on: Feb 26, 2023
YES! Correct, THANKS for helping me on my review


brbarasa

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Reply 3 on: Yesterday
:D TYSM

 

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