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<h2><span style="font-family:Arial, Helvetica, sans-serif;">General</span></h2>
<h3><span style="font-family:Arial, Helvetica, sans-serif;">Point Estimate</span></h3>
<p><span style="font-family:Arial, Helvetica, sans-serif;">A specific numerical value estimate of a parameter. The best point estimate of the population mean μ is the sample mean x̄.</span></p>
<p>&nbsp;</p>
<h3><span style="font-family:Arial, Helvetica, sans-serif;">Interval Estimate</span></h3>
<p>An interval or a range of values used to estimate the parameter.</p>