Statisticians Make Estimates of Population Parameters That May Be Either

question 21

Multiple Choice

Statisticians make estimates of population parameters that may be either:

• A) means or percentages
• B) dollars or cents
• C) positive or negative
• D) subjective or negative
• E) subjective or objective

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Definitions:

Reciprocity Norm

A social norm suggesting that people should return the help they have received from others, creating a system of mutual cooperation and support.

Consistency Principle

The psychological tendency to remain aligned with our previous beliefs, attitudes, and behaviors to maintain a sense of self-consistency.

Need for Acceptance

A psychological condition where individuals seek acknowledgment and approval from others to feel valued and connected.

Benefit

An advantage, improvement, or positive outcome gained from something or as a result of a particular action or situation.