Explain the Difference Between a Statistic and a Parameter

question 19

Essay

Explain the difference between a statistic and a parameter. Give an example of each.

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Definitions:

Evaluation Procedures

Formal methods and processes used to assess the effectiveness or performance of employees, projects, or programs.

Justice View

A perspective focusing on fairness in the distribution of rewards and burdens among members of a society or organization.

Utilitarian View

An ethical perspective that suggests actions are right if they are beneficial or bring the greatest good to the greatest number of people.

Ethical Behaviour

Conduct that is in accordance with accepted principles of right or wrong governing the conduct of a profession.