Math, asked by solutions3049, 1 year ago

Parameter definition in statistics with example

Answers

Answered by CuteCat10
0

Answer:

A parameter is a characteristic of a population. ... For example, say you want to know the mean income of the subscribers to a particular magazine—a parameter of a population. You draw a random sample of 100 subscribers and determine that their mean income is $27,500 (a statistic).

Similar questions