Question

A measurable characteristic of a sample is known as:

• A. Parameter
• B. Statistic
• C. Hypothesis
• D. Margin of error

Hint:

Remember the mnemonic: Parameter goes with Population, Statistic goes with Sample.

Answer 1

The Correct Option is B

Step 1: Understanding the Concept:
In statistics, we differentiate between measures derived from a population and those derived from a sample.

Step 2: Detailed Explanation:
A parameter is a numerical measurement describing some characteristic of a population.
A statistic is a numerical measurement describing some characteristic of a sample.
Since the question asks about a characteristic of a sample, it is by definition a statistic.

Step 3: Final Answer:
The correct answer is (B) Statistic.