The population parameter value and the point estimate differ because a sample is not census of the entire population, but it is being used to develop the point estimate.
According to the question,
The population parameter value and the point estimate differ because a sample is not census of the entire population, but it is being used to develop the point estimate.
The sample proportion p, is a point estimate of the population proportion.
Hence, the correct answer is point estimate. Thus, the population parameter value and the point estimate differ because a sample is not census of the entire population, but it is being used to develop the point estimate.
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