Characteristics of a population or sample are called…You Answered parameters Correct Answer variables estimates statistics
Question
Characteristics of a population or sample are called…You Answered parameters Correct Answer variables estimates statistics
Solution
The characteristics of a population or sample are called variables. Variables are any characteristics, numbers, or quantities that can be measured or counted. These can be things like age, gender, income level, etc. They are called variables because the value they take may vary, and it is usually not a fixed value.
Parameters, on the other hand, are the characteristics that define a population. They are usually fixed and known.
Estimates are the approximations of
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