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Earn +20 ptsQ: What is used to estimate the population parameter?
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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
What is the absolute value of the difference between the point estimate and the population parameter it estimates?
B. The sampling error
A parameter is a numerical descriptor that is used to describe a population or a sample?
Either.
Is a single number characteristic describe a population is called a parameter?
Parameter
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.
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