Which Statement Best Describes a Parameter

question 10

Multiple Choice

Which statement best describes a parameter?

• A) A parameter is a numerical measure of a population that is almost always unknown and must be estimated.
• B) A parameter is a level of confidence associated with an interval about a sample mean or proportion.
• C) A parameter is a sample size that guarantees the error in estimation is within acceptable limits.
• D) A parameter is an unbiased estimate of a statistic found by experimentation or polling.

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Definitions:

New Weapon

An innovative or newly developed device or system designed for use in combat or defense, marking a significant advancement in military technology.

Gross Domestic Product

A measure of the economic performance of a country, calculating the total value of all goods and services produced within its borders in a specific time period.

U.S. GDP

The total market value of all final goods and services produced within the United States in a given year, a primary indicator of the country's economic health and performance.

Increased

Describes something that has grown or risen in number, size, value, or extent.