A Measure Computed from the Entire Population Is Called

question 87

Multiple Choice

A measure computed from the entire population is called:

• A) a statistic.
• B) a mean.
• C) a parameter.
• D) a qualitative value.

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Definitions:

Straight Line

The shortest distance between two points without any curve or bend, often used in mathematical and geometric contexts.

Demand Curve

A graph representing the relationship between the price of a good and the quantity of that good consumers are willing and able to purchase at various prices.

Supply Curve

A graph that shows the relationship between the price of a good and the quantity of that good that producers are willing to supply.

Y Axis

The vertical line on a graph or chart, which typically represents the range of values for a variable being measured.