A Single Numerical Value Used as an Estimate of a Population

question 71

Multiple Choice

A single numerical value used as an estimate of a population parameter is known as a_____.

• A) parameter
• B) population parameter
• C) parameter or a population parameter
• D) point estimate

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Definitions:

Inheritance

Assets, money, or property received from someone who has died, transferred through legal means such as a will or through intestate laws if no will exists.

Creditors

Individuals or institutions that lend money or extend credit to others, expecting to be repaid.

Withdrawal Symptoms

Physical or psychological symptoms that occur after stopping or reducing the intake of a substance that the body has become dependent on.

Institutionalized

Refers to the process or state of being placed into and becoming accustomed to a structured institutional environment, such as a prison or mental health facility.