Examlex
With respect to the six competencies summarized by the human development and leadership division of the American society for quality,which of the following competencies in a leader entails assuming responsibility for ensuring necessary resources are available and the evaluation of processes to ensure effective resource use?
Parameter
A numerical characteristic of a population, such as mean or standard deviation, that can be estimated by statistics calculated from a sample.
Statistic
A numerical measure that describes an aspect of a sample of data, such as its mean or variance.
Population
The entire pool from which a statistical sample is drawn and to which the researcher intends the results to apply.
Sample Standard Deviation
A statistic measuring the dispersion or variability of a set of sample data points around the mean.
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