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What is a summary measure that is computed to describe a characteristic of an entire population called?
a summary measure that is computed to describe a characteristic of an entire population is called:
Is a parameter a measurable characteristic of a sample?
this is false... a parameter is a measure of a mean or mode, a measurable characteristic of a sample is called a statistic.
A numerical measure computed to describe a characteristic of a population is called?
parameter
A summary measure that is computed to describe a characteristic from only a sample of the population is called?
paremeter
Which statistic do economists use to measure the business cycle?
price indicator
What do you mean by a statistic and its sampling distribution?
A statistic is a summary measure of some characteristic of a population. If you were to take repeated samples from the population you would not get the same statistic each time - it would vary. And the set of values you would get is its sampling distribution.
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 a summary measure that is computed to describe a characteristic of an entire population called?
a summary measure that is computed to describe a characteristic of an entire population is called:
Is a parameter a measurable characteristic of a sample?
this is false... a parameter is a measure of a mean or mode, a measurable characteristic of a sample is called a statistic.
A numerical measure computed to describe a characteristic of a population is called?
parameter
A summary measure that is computed to describe a characteristic from only a sample of the population is called?
paremeter
What does the measure of central trendency tell us about the data?
In general when you take a sample of values of a random variable you will find that those values lie around some central value that is characteristic of the total population for the random variable. A measure of central tendancy (such as a sample mean, sample mode or sample median) is a statistic which is intended to estimate the central value of the population using the values in the sample in some way.
What does the test statistic measure?
The test statistic is a measure of how close the sample proportion is to the null value.
A numerical value used as a summary measure for a population of data is called?
A numerical value used as a summary measure for a population of data is called a statistic. It helps to describe or understand the data more easily by providing a single value that represents the entire dataset.
Which measure best describes the data set?
which measure best describes the data set
Difference between statistics and statistic?
Statistics is the name of the subject. It is the general definition which deals with the collection, presentation and interpretation of data. On the other hand, statistic is a test used to test a hypothesis. It is commonly applied to sample cases. A statistic is a description of some measure, such as your height, weight, or age. Such measures may be collected in large numbers to be analyzed statistically to determine some characteristic of a population. For example, the collection of a population's ages make up a data base that may be analyzed by statistical methods to determine the proportion of the population that will retire and start drawing pension funds during the next decade.
Which characteristic of a wave describe the greatest distance a wave vibratetes from a ressting position?
The amplitude of a wave describes the greatest distance a wave vibrates from its resting position. It is the measure of the height or intensity of the wave.
