A ________ Is a Summary Description of a Characteristic or Measure

question 69

Multiple Choice

A ________ is a summary description of a characteristic or measure of the sample.It is used as an estimate of the population parameter.

• A)statistic
• B)precision level
• C)finite population correction
• D)parameter

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Definitions:

Aristotle

An ancient Greek philosopher and polymath, whose writings covered a wide range of subjects and significantly influenced Western philosophy and science.

Premises Imply

The logical process where a set of stated propositions (premises) are shown to necessarily lead to a specific conclusion.

False Conclusion

A deduction or inference that does not logically follow from the premises or evidence provided.

Financial Disaster

A situation where financial loss is so severe that it can cause a collapse of economic stability in an individual or organization's circumstances.