Asked by Caley Sample on Jul 31, 2024
Verified
A descriptive measure of a population is called a parameter.
Parameter
A measurable attribute that defines or limits the characteristics of a population or a statistical model.
Population
The entire group of individuals or instances about whom we seek to make conclusions.
- Discern between the concepts of statistics and parameters.
Verified Answer
YA
yusof asefiAug 03, 2024
Final Answer :
True
Explanation :
This statement is correct. Parameters are descriptive measures of a population, and they are typically represented by Greek letters (e.g., μ for the population mean). In contrast, statistics are descriptive measures of a sample (i.e., a subset of the population), and they are typically represented by Roman letters (e.g., x̄ for the sample mean).
Learning Objectives
- Discern between the concepts of statistics and parameters.