A Summary Measure That Is Computed from a Sample to Describe

question 82

Multiple Choice

A summary measure that is computed from a sample to describe a characteristic of the population is known as a(n) :

• A)parameter.
• B)statistic.
• C)population.
• D)inferential statistic.

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Definitions:

Trademark Burgers

Proprietary burgers that are legally protected by trademarks to distinguish their origin and ensure the uniqueness.

Licensing

An agreement in which a company allows another party to use its intellectual property, brand, or product in exchange for a fee or royalty.

Wholly Owned Subsidiary

A company whose entire stock is owned by another company.

Distribution

The process of making a product or service available for the consumer or business user that needs it, through various channels and points of sale.