Question

Which of the following correctly defines a population parameter?

A. a characteristic of the population

B. the difference between the maximum and minimum value of a sample

C. the difference between the maximum and minimum value of the population

D. a characteristic of a sample

Answer 1

The correct answer is A. a characteristic of the population.

A population parameter refers to a specific characteristic

A population parameter refers to a specific characteristic or numerical value that describes the entire population being studied. It is a fixed value that is typically unknown and estimated using sample data. Examples of population parameters include the population mean, population standard deviation, population proportion, etc.