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.
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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