METHODS OF DATA ANALYSIS
DECISION MAKING WITH HYPOTHESIS TESTING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What do you call the number or numerical value that describes a population characteristic?
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Sample
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Hypothesis
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Parameter
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Population
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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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