# What Is the Difference between a Point Estimate and a Confidence Interval?

A point estimate is a single value or best guess of what the unknown number is from the data collected. A confidence interval is a range of possible values between numbers.
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 A point estimate is a single value or best guess of what the unknown number is from the data collected. A Confidence interval is a range of possible values ex. the values are between http://answers.yahoo.com/question/index?qid=200908...
 1. Take a random sample of the number of bottles produced per minute. Calculate the average by adding together all the values and dividing by the total count of the values. If the http://www.ehow.com/how_8178639_calculate-confiden...
 A point estimate of a population parameter is a single value of a statistic while statisticians use a confidence interval to express the precision and uncertainty associated with http://askville.amazon.com/difference-point-estima...
 Assuming that other measures remain the same, as the sample. estimate. increases both ends of the confidence interval will increase. In effect, the confidence interval will be translated http://wiki.answers.com/Q/What_happens_to_the_conf...
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