Briefly explain the difference between a population parameter and a sample statistic. Give one example of each.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 63% (11 reviews)
A summary measure calculated for a population data set is called a population parameter ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Statistics questions
-
What is the difference between a population parameter and a sample statistic?
-
Briefly explain the difference between an accrual basis income statement and a cash basis income statement.
-
Explain the difference between a population mean and a sample mean using one of the studies discussed in the chapter as an example.
-
Debug the given C program to read and print N array elements. Find 10 errors in the given Code and correct the errors. (5Marks) NOTE: Copy and PASTE the correct program in the space below. /*Arrays...
-
Reconsider the previous problem and answer each part, but assume that 1,000 people will vote. (The probability for each one remains unchanged.) a. Identify n and for this binomial random variable....
-
Effect of Organic Potatoes after 11 Days After 11 days, the proportion of fruit flies eating organic potatoes still alive is 0.68 , while the proportion still alive eating conventional potatoes is...
-
Define the auditor's 'desired level of assurance'. Explain how this relates to the auditor's desired level of audit risk.
-
Pardee Chemicals inventory of ND301 on January 1 was 7,500 gallons, costing $ 0.54 per gallon (periodic inventory). In addition to this beginning inventory, purchases during the next six months were...
-
The balance sheet for Fourth Corp. is shown here in market value terms. There are 5,000 shares of stock outstanding. Market Value Balance Sheet Cash $ 45,100 Equity 495,100 $ Fixed 450,000 assets...
-
Apple offers device service and repair through its AppleCare program. Assumed data follow. Required 1. Compute time charge per hour of direct labor (in $). 2. Compute materials markup per dollar of...
-
Which of the three measures of central tendency (the mean, the median, and the mode) can be calculated for quantitative data only, and which can be calculated for both quantitative and qualitative...
-
The following data set belongs to a population: Calculate the range, variance, and standard deviation. 2 0 -9 16 10
-
In Prob. 8 find the temperature at any time. Data from Prob. 8 If the ends x = 0 and x = L of the bar in the text are kept at constant temperatures U 1 and U 2 respectively, what is the temperature u...
-
Suppose the IRS has instituted a new MACRS-GDS property class of only 2 years. It will follow the usual depreciation conventions, determined in the same way as 3-, 5-, 7-, and 10-year property....
-
The correctly calculated taxes due on a corporate taxable income of \(\$ 13,000,000\) are closest to which of the following? a. \(\$ 3,400,000\) b. \(\$ 4,420,000\) c. \(\$ 4,450,000\) d. \(\$...
-
A three-in-one grain conveyor used in the manufacture of grain for transporting, filling, or emptying is purchased and installed for $75,000. It is placed in service during the middle of the tax...
-
True or False: The average cost function for Question 4 is given by \(\mathrm{AC}(x)=500+1.4 x\)
-
At the beginning of the fiscal year, Remington purchases a mold for manufacturing powdered metal firearm parts for \($120,000.\) The estimated salvage value after 8 years is \($10,000.\) Calculate...
-
Find the Laplace transforms of the functions given in Problems 11 through 22. f(t) = 0 ift < 1; f(t) = t ift 1
-
Which property determines whether a control is available to the user during run time? a. Available b. Enabled c. Unavailable d. Disabled
-
Suppose that, when taking a random sample of three students GPAs, you get a sample mean of 3.90. This sample mean is far higher than the college-wide (population) mean. Does that prove that your...
-
Suppose you attend a school that offers both traditional courses and online courses. You want to know the average age of all the students. You walk around campus asking those students that you meet...
-
A large collection of one-digit random numbers should have about 50% odd and 50% even digits, because five of the ten digits are odd (1, 3, 5, 7, and 9) and five are even (0, 2, 4, 6, and 8). a. Find...
-
Write the following system as a vector equation involving a linear combination of vectors. 5x1 2x2 x3 = 2 4x1 + 3x3 = 1
-
Q6. Determine whether the following improper integrals converge or diverge. [3,3,3] (e) 1 x ln(x) -dx. 1
-
Find the amount in the account for the given principal, interest rate, time, and compounding period. P=$1,100,r=2.1%,t=7 years; compounded continuously.
Study smarter with the SolutionInn App