A Descriptive Measure That Is Computed from a Sample Is

question 8

Multiple Choice

A descriptive measure that is computed from a sample is called a:

• A)parameter.
• B)statistic.
• C)population.
• D)sample.

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Definitions:

Net Income

The net income of a business following the deduction of all taxes, expenses, and costs from its total revenue.

Straight-Line Method

A strategy for calculating the depreciation or amortization of an asset by uniformly allocating its price over the duration of its service life.

Stockholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, representing the ownership interest of shareholders.

Computer Sale

The transaction involving the selling of computer hardware or software to consumers or businesses.