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Earn +20 ptsQ: What is the different betwen parameter and estimate?
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What is used to estimate the population parameter?
point estimate
What sample statistic is used to estimate a population parameter?
A point estimate is a single value (statistic) used to estimate a population value (parameter)true apex
How many feet is the parameter of an acre?
I think you mean "perimeter" "parameter" means something completely different
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 studies use parametric statistics?
to estimate the parameter values of a known distribution like normal distribution in this we estimate the parameters pop.mean and s.d
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