Summary Data Describing a Population Is Called a Parameter While

question 25

Short Answer

Summary data describing a population is called a parameter while summary data describing a sample is called a___________________.

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Definitions:

Economic Expansion

A period of increased business activity and economic growth, characterized by higher employment, income, and production levels.

U.S.

Short for the United States of America, a country primarily located in North America.

U.S. Population

U.S. Population refers to the total number of people living in the United States at a given time, including both citizens and non-citizens.

Million

A numerical value representing one thousand thousands, or 1,000,000, often used as a unit of measure in demographics, finance, and other areas.