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M Is a Population Parameter and Is a Sample

question 39

True/False

m is a population parameter and m is a population parameter and   is a sample statistic. is a sample statistic.


Definitions:

Inferential Statistics

The field of statistics focused on drawing conclusions or making forecasts about a whole population from a subset of collected data.

Probability

An indicator of how probable an event is, represented numerically between 0 and 1.

Nonrandom Sampling

A sampling technique where the samples are gathered in a process that does not give all the individuals in the population equal chances of being selected.

Sampling Error

Sampling error is the discrepancy between a sample statistic and its corresponding population parameter, caused by selecting a sample rather than conducting a census.

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