Match List-I with List-II

Choose the correct answer from the options given below:

(A)-(IV), (B)-(II), (C)-(I), (D)-(III)

The correct answer is Option (1) → (A)-(IV), (B)-(II), (C)-(I), (D)-(III)

Matching List-I with List-II with explanations:

(A) The chance of observing a specific outcome in an experiment → (IV) Probability distribution
A probability distribution gives the likelihood of all possible outcomes in an experiment.

(B) A method used to estimate the population parameters → (II) Estimation
Estimation refers to statistical methods used to infer population parameters based on sample data.

(C) A value that describes an entire population → (I) Parameter
A parameter is a numerical characteristic that represents the entire population, such as mean or variance.

(D) A measurable characteristic of a sample → (III) Statistic
A statistic is a numerical measure calculated from a sample, used to estimate population parameters.