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ASQ CSSBB Exam - Topic 1 Question 28 Discussion

A correct statement about the relationship between the terms parameter and statistic is:
C) a sample statistic is used to estimate a population parameter
A) a population statistic is more accurate than a parameter
B) a sample parameter is used to estimate a statistic
D) standard deviation calculations requires both statistics and parameters

ASQ CSSBB Exam - Topic 1 Question 28 Discussion

Actual exam question for ASQ's CSSBB exam
Question #: 28
Topic #: 1
[All CSSBB Questions]

A correct statement about the relationship between the terms parameter and statistic is:

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Suggested Answer: C

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Shoshana
8 months ago
Just to clarify, parameters are fixed values, while statistics can vary.
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Halina
9 months ago
D is misleading; you don't need both for standard deviation.
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Larae
9 months ago
Wait, isn't it the other way around? I thought parameters were more reliable.
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Maira
9 months ago
Totally agree with C! It's all about estimation.
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Ronald
9 months ago
C is the right answer! A sample statistic estimates a population parameter.
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Bonita
9 months ago
Hmm, I'm a little unsure about this one. I know there are different list views for account manager targets, but I can't quite remember which ones are provided by default. I'll have to think this through carefully.
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Noelia
9 months ago
Hmm, I'm a bit confused by the frequency distribution table. I'll need to carefully read through the question and data to make sure I understand how to use it.
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Camellia
9 months ago
Okay, I see what they're asking for - the projected days sales outstanding. I just need to do the math on the given information.
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