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What statistic is often interpreted as providing an estimate of the average difference between a
statistic and a parameter?
Solution
The standard deviation, which finds the root of the mean squared-difference. It is interpreted as a
measure of the average difference between the sample mean (statistic) and population mean
(parameter).

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What statistic is often interpreted as providing an estimate of the .pdf

  • 1. What statistic is often interpreted as providing an estimate of the average difference between a statistic and a parameter? Solution The standard deviation, which finds the root of the mean squared-difference. It is interpreted as a measure of the average difference between the sample mean (statistic) and population mean (parameter).