which of the following would be best used as a point estimate for the population mean course hero

by Sister Becker 5 min read

What is the best point estimate of the population mean?

the sample meanThe best point estimate for the population mean is the sample mean, x . The best point estimate for the population variance is the sample variance, 2 s .

Why is the sample mean is the best point estimate for the population mean?

"The variance of the sampling distribution of the median is greater than that of the sampling distribution of the mean. It follows that sample mean is likely to be closer to the population mean than the sample median. Therefore, the sample mean is a better point estimate of the population mean than the sample median."Mar 18, 2016

Which point estimate would you choose as the best to estimate the population variance?

s2 (sample variance) is the best point estimate for population variance o2. s (sample standard deviation) is the best point estimate for the population standard deviation o.

Is the sample mean the best estimate?

Answers. The best estimation for the population mean is the sample mean—that is, 8.1 mmol/l.