Point Estimate of a Parameter

A __________ is a specific value used to estimate a population parameter.

A range of values called __________ is also used to estimate a population parameter.

The best point estimate of the population mean is the __________.

To determine the point estimate of the population mean, the sum of the sample means is divided by __________.

Sample standard deviation is the square root of __________.

Which of the following is an interval estimate for weather temperature?

• 34 to 38 kilograms

• 33- to 37-degree Celsius

• 35-degree Celsius

• 36 kilograms

In a survey conducted by a researcher in economics, 5 groups of residents of Masagana City were asked about their expenses in a day. The mean expenses in pesos for each group are as follows: 588, 632, 575, 740, and 610. What is the point estimate of the population mean?

• P786.25

• P629.00

• P524.16

• P449.28