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Population parameter definition

This offputting statistical term is simply what you're trying to make an educated guess about.

Beginner

Population parameter is a statistical term referring to the descriptive measure about a population that is being studied. Examples for stocks may include: median sales, standard deviation of net income per share or mean debt-to-equity ratio. The population parameter is to a population as a sample statistic is to a sample.

Synonym: statistical parameter


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Quiz

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Population parameters in economics are generally know with certainty. | True or False?

False

In a Sentence

Bud:  How is the population parameter  defined? Which measure? What timeframe?
Pam:  Have you been hanging out with Guy lately?

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Keywords:
population parameter
statistics
estimation
sampling
stocks
finance
investment modeling
characteristic