Concept after hearing point estimate for the first time

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For example, when hearing "point estimates" for the first time, your brain tries to think of different things that it could be. However, an example of a point estimate is a sample mean of a population. Same thing with interval estimate - you hear this concept after hearing point estimate for the first time, and it's hard to tell the difference. Diving into it though, you realize that an example of this is a confidence interval.

Did you come up with other examples? Do you think I'm mistaken?

Reference no: EM133085067

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