Toronto Metropolitan University QMS 210 Parameter Vs Statistic -Statistic is a sample of a population - Parameter is a whole population Example 1: The average score for a class of 28 students taking a calculus midterm exam was 72%. Answer: The value is a parameter because the class of 28 students is a population Example 2: Some peo ...[Show More]
Category: | Cheat Sheet |
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Language: | English |
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