Regitze2002 Regitze2002
  • 14-12-2020
  • Mathematics
contestada

What is the difference between population parameters and estimates in a sample?

Respuesta :

Jack012407 Jack012407
  • 14-12-2020

Answer:

Using that sample, you calculate the corresponding sample characteristic, which is used to summarize information about the unknown population characteristic. The population characteristic of interest is called a parameter and the corresponding sample characteristic is the sample statistic or parameter estimate.

Step-by-step explanation:

If you collect a sample and calculate the mean and standard deviation, these are sample statistics.

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