q8- Which of the following statements are correct? (i) It is impractical and costly to investigate every member of population. It is much easier and cheaper to investigate a sample from the population of interest and make conclusions about the population parameters based on sample data. (ii) Statistical inference is the process of making a forecast or decision about a sample statistic, based on the population data. (iii) Population is the set of all items of interest. A descriptive measure of a population is called a population parameter. Select one: a. (i) and (iii) b. (i) and (ii) c. (ii) and (iii) d. (i), (ii), and (iii)

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section: Chapter Questions
Problem 13PT
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q8-

Which of the following statements are correct?

(i) It is impractical and costly to investigate every member of population. It is much easier and cheaper to investigate a sample from the population of interest and make conclusions about the population parameters based on sample data.

(ii) Statistical inference is the process of making a forecast or decision about a sample statistic, based on the population data.

(iii) Population is the set of all items of interest. A descriptive measure of a population is called a population parameter.

Select one:
a.

(i) and (iii)

b.

(i) and (ii)

c.

(ii) and (iii)

d.

(i), (ii), and (iii)

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