In statistics, a sample statistic is one that takes a subset of individuals from within a statistical population to estimate characteristics of the whole population. In statistical analysis the mean value tells the ____________ and variation tells the _________of an action.
A)Expected performance, consistency.
B)Forecasted performance, reliability.
C)Past performance, duration.
D)Current performance, subjectivity.

Question

Quizplus · Accepted Answer

In statistics, a sample statistic is one that takes a subset of individuals from within a statistical population to estimate characteristics of the whole population. In statistical analysis, the mean value tells the current performance and variation tells the subjectivity of an action.

In Statistics, a Sample Statistic Is One That Takes a Subset