What do we call the population value?(1 Point)a) statisticb) parameterc) datad) variable
Question
What do we call the population value?
(1 Point)
a) statistic
b) parameter
c) data
d) variable
Solution
To identify the correct term for the population value, let's analyze the provided options:
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Statistic: This refers to a numerical value that summarizes or represents a characteristic of a sample, not the entire population.
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Parameter: This is a specific characteristic or measure obtained by using all the data points in a population. A population value is often described by a parameter.
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Data: This encompasses the raw facts and figures collected for analysis but does not specifically refer to a value.
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Variable: This refers to an element, feature, or factor that is liable to vary or change, not a fixed population value.
Final Answer
The correct answer is b) parameter.
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