A Social Group That People Use as a Point of Reference

question 75

Multiple Choice

A social group that people use as a point of reference in making evaluations or decisions is called a

• A)peer group.
• B)reference group.
• C)out-group.
• D)dyad.

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Definitions:

Mean Amount

The average value of a set of numbers, calculated by adding all the values and dividing by the count of numbers.

Sample Mean

Sample mean refers to the average of all the data points in a sample taken from a population, serving as an estimate of the population mean.

Point Estimate

A single value that serves as the best guess or best estimate of a population parameter based on sample data.

Population Parameter

A numerical value that summarizes or describes an aspect of a population.