A measurable characteristic of a population is called ______.
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → Parameter
A parameter is a measurable characteristic of a population, such as the population mean μ or standard deviation σ.
A statistic is the corresponding measure computed from a sample, such as \(\bar x\) or s. A sample is a part of the population. Statistical inference is the process of drawing conclusions about parameters from statistics.
CBSE Applied Mathematics (Class XII):
Parameter and Statistics
