Asked by Hailee Ramirez on Jul 02, 2024
The value of the _____ is used to estimate the value of the population parameter
A) population statistic
B) sample parameter
C) population estimate
D) sample statistic
Population Parameter
A characteristic or measure that describes an aspect of an entire population, such as the mean or variance.
Sample Statistic
A numerical measure that describes an aspect of a sample drawn from a population.
- Recognize the impact of the sample size on the precision of statistical estimates.
Learning Objectives
- Recognize the impact of the sample size on the precision of statistical estimates.