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igor_vitrenko [27]
1 year ago
10

We use statistics when making decisions, rather than parameters, because ________________.

Business
1 answer:
natka813 [3]1 year ago
4 0

Statistics are used in place of parameters for making decisions since they are simpler to collect.

<h3>What are the guidelines?</h3>

In general, a parameter is any feature that aids in describing or categorizing a certain system. In other words, a parameter is a component of a system that is crucial or useful for identifying the system or assessing its functionality, status, or other characteristics.

To describe the entire population under study, a parameter is utilized. For instance, we are interested in learning the typical length of a butterfly. This information about the total butterfly population makes it a parameter.

Three different parameter kinds,

  • Value Specifiers.
  • Parameters of Reference.
  • output variables

To learn more about parameters, refer to:

brainly.com/question/13794992

#SPJ4

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