A sample statistic, such as , that estimates the value of the corresponding population parameter is known as a
A)point estimator
B)parameter
C)population parameter
D)Both a parameter and a population parameter are correct.

Question

A sample statistic, such as  , that estimates the value of the corresponding population parameter is known as a
A)point estimator 
B)parameter 
C)population parameter 
D)Both a parameter and a population parameter are correct.

Quizplus · Accepted Answer

A sample statistic, such as 11ea86e1_d6f4_ea80_a30f_e1b48d56dc05_TB2162_11, is an example of a point estimator, which is a single value that estimates the value of a population parameter. The other choices are not correct as a parameter refers to a characteristic of a population, while a population parameter specifically refers to the value of that characteristic in the population.

A Sample Statistic, Such as , That Estimates the Value