Economy, asked by arshdeep2964, 5 months ago

6. ……….. refers to the difference between actual value of a parameter of the population and its estimate

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Answered by srimanthreddykathi1
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Answer:

The average weight of adult men in the U.S. is a parameter with an exact value – but we don't know it. Standard deviation and population mean are two common parameters. A statistic is a characteristic of a group of population or sample.

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