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A point estimate is a single value (statistic) used to estimate a population value (parameter)

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Q: What sample statistic is used to estimate a population parameter?
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What is the the relationship between population and sample parameter and statistic?

The relations depend on what measures. The sample mean is an unbiased estimate for the population mean, with maximum likelihood. The sample maximum is a lower bound for the population maximum.


Does a parameter describe a population or a sample?

A parameter describes a population. A statistic describes a sample.


How does a parameter and a statistic differ?

A parameter is a numerical measurement of a population; a statistic is a numerical measurement of a sample.


Is the sample mean a point estimate of the population mean?

A point estimate of a population parameter is a single value of a statistic. For example, the sample mean x is a point estimate of the population mean μ. Similarly, the sample proportion p is a point estimate of the population proportion P.


What is the difference a parameter and a statistic?

A parameter is a number describing something about a whole population. eg population mean or mode. A statistic is something that describes a sample (eg sample mean)and is used as an estimator for a population parameter. (because samples should represent populations!)


Can a sample statistic ever be larger than the population parameter?

Yes.


What is the difference between a parameter and a statistic?

A parameter is a number describing something about a whole population. eg population mean or mode. A statistic is something that describes a sample (eg sample mean)and is used as an estimator for a population parameter. (because samples should represent populations!)


What is usually not possible to compute one relies on a sample statistic?

Population Parameter


What value does the null hypothesis make a claim about?

sample statistic


Example of the difference between a parameter and a statistic?

perameter is a measure of population or universe, statistic is a measure of a sample data drawn from population


What is the difference between statistics and parameters?

Parameter is any attribute Statistic are the measured values of a parameter. A statistic is a sample value such as the average height of a group of students. A parameter is a functional constant such as the mean of a normal distribution. Statistics are often used to estimate parameters. For instance, a sample average is an estimate of the mean.


What is the single parameter in the binomial distribution and what sample statistic would be used to estimate it?

The binomial distribution is defined by two parameters so there is not THE SINGLE parameter.