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Earn +20 ptsQ: Is a parameter a measurable characteristic of a sample?
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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 a sample a number describing some characteristic of a statistic?
No. A statistic is a number describing a characteristic of a sample.
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.
A numerical measure computed to describe a characteristic of a population is called?
parameter
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