Mathematics · Statistics
In statistical methodology, which of the following statements regarding parameters and statistics is correct?
- 1Statistical values obtained from samples are completely distinct from descriptive statistics.
- 2Statistical values obtained from the entire population are known as parameters.✓
- 3Statistical values obtained from the whole population are known as statistics.
- 4Statistical values obtained from a sample are known as parameters.
Correct answer
Statistical values obtained from the entire population are known as parameters.
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