What are parameters?
A)Parameters are estimated from the data and are (usually) constructs believed to represent some fundamental truth about the relations between variables in the model.
B)Parameters are measured constructs that vary across entities in the sample.
C)A parameter tells us about how well the mean represents the sample data.
D)All of the options describe parameters.

Question

Quizplus · Accepted Answer

Parameters are estimated from the data and represent some fundamental truth about the relations between variables in the model. They are not measured constructs that vary across entities in the sample (B) and do not specifically tell us about how well the mean represents the sample data (C). Therefore, option A is the best choice.

What Are Parameters