Distinguish between a parameter and a statistic.
A) a parameter refers to a summary population characteristic; a statistic refers to a summary sample characteristic.
B) a parameter is deterministic; a statistic is probabilistic.
C) a parameter is certain; a statistic is uncertain.
D) a parameter refers to a summary sample characteristic; a statistic refers to a summary population characteristic.
E) none of the above
Correct Answer:
Verified
Q16: Statistics is the art and science of
Q17: Descriptive statistics focuses on summarizing data while
Q18: The primary goal of statistics is to
Q19: Which of the following is that branch
Q20: Quantitative data are always numeric.
Q22: Which of the following is an example
Q23: The birth weight of newborns, measured in
Q24: In an application for a credit card,
Q25: Which variables below are qualitative rather than
Q26: Distinguish between time series data and cross-sectional
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents