Kizspy | Question: 35 (Choose 1 answer)
What is the difference between a parameter and a statistic?
A. Parameters are estimated from a sample, while statistics are population values.
B. Parameters represent population characteristics, while statistics represent sample characteristics.
C. Parameters are measured on a continuous scale, while statistics are measured on a discrete scale.
D. Parameters are used in descriptive statistics, while statistics are used in inferential statistics.