Calculation of population parameters is usually either impossible or excessively time consuming and costly.

Name: Calculation of population parameters is usually either impossible or excessively time consuming and costly.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Population parameters refer to the characteristics of an entire population, and calculating them directly often requires exhaustive data collection from every individual in the population, which is usually impractical or too expensive.

Calculation of Population Parameters Is Usually Either Impossible or Excessively