A numerical value used as a summary measure for a sample, such as a sample mean, is known as a | Faculties

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Ram Sharma

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📊 Quantitative Methods for Economic Analysis 2

Q. A numerical value used as a summary measure for a sample, such as a sample mean, is known as a

(A) population parameter
(B) sample parameter
(C) sample statistic
(D) population mean

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✅ Correct Answer: (C) sample statistic

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