Question

Name the term which defines the study of the characteristics and parameters of the​

Answer 1

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The field of inferential statistics enables you to make educated guesses about the numerical characteristics of large groups. The logic of sampling gives you a way to test conclusions about such groups using only a small portion of its members.

Answer 2

The field of inferential statistics enables you to make educated guesses about the numerical characteristics of large groups.

Explanation:

• A parameter is a value that describes a characteristic of an entire population such as the population mean.
• If you collect a sample and calculate the mean and standard deviation these are sample statistics.
• Inferential statistics allow you to use sample statistics to make conclusions about a population.
• Parameters are numbers that summarize data for an entire population.
• A parameter is used to describe the entire population being studied.
• A parameter is a measure that describes an entire population while a statistic is a measure that describes a sample from the population.