A Single Numerical Value Used as an Estimate of a Population

question 108

Multiple Choice

A single numerical value used as an estimate of a population parameter is known as

• A)a parameter
• B)a population parameter
• C)both a parameter or a population parameter are correct
• D)a point estimate

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Definitions:

Members

Individuals who belong to a group, organization, or community, often contributing to its activities and goals.

Prefer

To favor or choose something or someone over other options.

Group Faultlines

Hypothetical dividing lines that may split a group into subgroups based on demographic or functional attributes, potentially affecting cohesion.

Performance

The level at which an individual, group, or organization achieves its goals or objectives, often measured against known standards of accuracy, completeness, cost, and speed.