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OpenStudy (kj4uts):
If a population consisted of 75,000 people, surveying 750 people from the population could result in a point estimate but not a parameter. True or False?
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OpenStudy (anonymous):
TRUE! It's too small of a sample size.
OpenStudy (kropot72):
The term 'parameter' is used for a parent population, and is not used for any function of sample data.
OpenStudy (kj4uts):
@kropot72 so would this be true then?
OpenStudy (kropot72):
Yes, the statement is true.
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