Millionaire Mode

Point Estimation

Question 1 of 15

In point estimation, what is the primary objective?

  1. To find the exact value of the population parameter
  2. To obtain an estimate of the population parameter based on sample data
  3. To determine the probability distribution of the population parameter
  4. To test the hypothesis about the population parameter

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000