⟩ What is one of the distinctions between a population parameter and a sample statistic?
â–º a) A population parameter is only based on conceptual measurements, but a sample statistic is based on a combination of real and conceptual measurements.
â–º b) A sample statistic changes each time you try to measure it, but a population parameter Remains fixed
â–º c) A population parameter changes each time you try to measure it, but a sample statistic remains fixed across samples
â–º d) The true value of a sample statistic can never be known but the true value of a population parameter can be known.
Answer - b