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Earn +20 ptsQ: Does a parameter describe a population or a sample?
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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.
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.
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
A numerical measure computed to describe a characteristic of a population is called?
parameter
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