Which one of the following is incorrect? 1.Variance of population is a parameter. 2.Standard deviation of a population is a parameter. 3.Mean of a sample is a parameter. 4.Standard deviation of a sample is a statistic.
Question
Which one of the following is incorrect?
1.Variance of population is a parameter. 2.Standard deviation of a population is a parameter. 3.Mean of a sample is a parameter. 4.Standard deviation of a sample is a statistic.
Solution
The incorrect statement is:
- Mean of a sample is a parameter.
This is incorrect because the mean of a sample is a statistic, not a parameter. A parameter is a value that describes a characteristic of an entire population, while a statistic is a value that describes a characteristic of a sample from the population.
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