Generally, actual population parameters are unknown since the cost to perform a True census of almost any population is prohibitive.

Name: Generally, actual population parameters are unknown since the cost to perform a True census of almost any population is prohibitive.
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Question

Quizplus · Accepted Answer

True census of almost any population is not only expensive but also practically impossible due to various factors such as time, resources, and accessibility. Therefore, we often rely on sample data to estimate population parameters.

Generally, Actual Population Parameters Are Unknown Since the Cost to Perform