A Descriptive Measure That Is Computed from a Sample Is

question 39

True/False

A descriptive measure that is computed from a sample is called a statistic.

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Definitions:

Currency Exchange Rate

The value of one currency for the purpose of conversion to another.

Country's Currency

The legal tender issued by a country's government, used as a medium of exchange within its economy.

Income Distribution

The way in which total income is shared amongst the population or different groups within society.

Per Capita Incomes

The average income earned per person in a certain area or country, calculated by dividing the area's total income by its total population.