METHODS OF RESEARCH
PRACTICAL RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which is the numerical value used as a summary measure for a sample?
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Sample statistics
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Sample parameters
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Population mean
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Range
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Explanation:
Detailed explanation-1: -Solution: A numerical value used as a summary measure for a sample, such as a sample mean, is known as a sample statistic.
Detailed explanation-2: -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-3: -A parameter is a summary measure that is computed to describe a characteristic of an entire population. (P-parameter, P-population)
Detailed explanation-4: -A point estimate is a value of a sample statistic that is used as a single estimate of a population parameter.
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