RESEARCH METHODOLOGY

METHODS OF DATA ANALYSIS

DECISION MAKING WITH HYPOTHESIS TESTING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What do you call the number or numerical value that describes a population characteristic?
A
Sample
B
Hypothesis
C
Parameter
D
Population
Explanation: 

Detailed explanation-1: -A parameter is a numerical measurement describing some characteristic of a population. A statistic is a numerical measurement describing some characteristic of a sample.

Detailed explanation-2: -A parameter is a value that describes a characteristic of an entire population, such as the population mean. Because you can almost never measure an entire population, you usually don’t know the real value of a parameter. In fact, parameter values are nearly always unknowable.

Detailed explanation-3: -A statistic is a numerical descriptive measure computed from sample data. A parameter is a numerical descriptive measure of a population.

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