Practice Problems on Point Estimation
P1: Determine the sample range for the data set: {6, 9, 12, 15, 18}.
P2: Calculate the sample mean for the following data set: {2, 5, 8, 3, 7}.
P3: Determine the sample proportion of successes if out of 40 trials, 10 were successful.
P4: Find the sample standard deviation for the data set: {13, 15, 17, 19, 11}.
P5: Find the sample variance for the data set: {3, 5, 7, 2, 15}.
Point Estimation
Point estimation is a fundamental concept in statistics providing a method for estimating population parameters based on sample data. In this article, we will discuss point estimation, its techniques and its significance in detail.
Table of Content
- What is Point Estimation in Statistics?
- Properties of Point Estimators
- Methods Used to Calculate Point Estimators
- Formulae to Measure Point Estimators
- Solved Examples on Point Estimation
- Practice Problems on Point Estimation
- FAQs on Point Estimation