Question

A subset of persons or things in which we have an interest is referred to as...

A subset of persons or things in which we have an interest is referred to as a

statistic

parameter

population

sample

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Answer #1

A subset of persons or things in which we have an interest is referred to as a Sample.

Answer: Sample

Explanation:

We know that a set of persons or things in which we have an interest is referred to as a Population. A subset of persons or things in which we have an interest is referred to as a Sample. Any subset of a population is called as the sample of this population. A value calculated from a population is called as population parameter and a value calculated by using sample observations is called as a sample statistic.

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