Match List-I with List-II
List-I List-II (A) The chance of observing a specific outcome in an experiment (I) Parameter (B) A method used to estimate the population parameters (II) Estimation (C) A value that describes an entire population (III) Statistic (D) A measurable characteristic of a sample (IV) Probability distribution
Choose the correct answer from the options given below:
Match List-I with List-II
| List-I | List-II |
|---|---|
| (A) The chance of observing a specific outcome in an experiment | (I) Parameter |
| (B) A method used to estimate the population parameters | (II) Estimation |
| (C) A value that describes an entire population | (III) Statistic |
| (D) A measurable characteristic of a sample | (IV) Probability distribution |
Choose the correct answer from the options given below:
Solution
Understanding the terms in List-II:
(I) Parameter: A value that describes the entire population
(II) Estimation: A process or method of finding population values using sample data
(III) Statistic: A value calculated from a sample
(IV) Probability distribution: Shows the chances of different outcomes in an experiment
(A) The chance of observing a specific outcome in an experiment
This describes the chances or probability of outcomes, which corresponds to (IV) Probability distribution
(B) A method used to estimate the population parameters
The word "method" indicates a process, which corresponds to (II) Estimation
(C) A value that describes an entire population
The phrase "entire population" directly defines (I) Parameter
(D) A measurable characteristic of a sample
The word "sample" indicates (III) Statistic
The matching is:
(A) - (IV)
(B) - (II)
(C) - (I)
(D) - (III)
Therefore, the correct answer is Option 1.
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