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Is this statement true or false?"Parameters" relate to populations, while "statistics" relate to samples.

Question

Is this statement true or false?"Parameters" relate to populations, while "statistics" relate to samples.

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Solution

The statement is true. "Parameters" are numerical characteristics of a population, while "statistics" are numerical characteristics of a sample.

Similar Questions

Which one of the following is incorrect ans. mean of a population is a parameter mean of a sample is a statistic standard deviation of a sample is a parameter standard deviation of population is a parameter

In the context of statistical inference, why is it necessary to distinguish between parameters and statistics when seeking information about a population?

Which one of the following is incorrect? 1.Variance of population is a parameter. 2.Standard deviation of a population is a parameter. 3.Mean of a sample is a parameter. 4.Standard deviation of a sample is a statistic.

The process of using sample statistics to draw conclusions about true population parameters is called A. descriptive statistics. B. statistical inference. C. the scientific method. D. sampling.

Parameter is a characteristic of:(a) Population(b) Sample(c) Probability distribution(d) Both (a) & (b)

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