Determine whether the given value is a statistic or a parameter. A sample of stu

Question

Determine whether the given value is a statistic or a parameter. A sample of students is selected and it is found that 55% own a vehicle. Choose the correct statement below. Statistic because the value is a numerical measurement describing a characteristic of a sample. Statistic because the value is a numerical measurement describing a characteristic of a population. Parameter because the value is a numerical measurement describing a characteristic of a sample. Parameter because the value is a numerical measurement describing a characteristic of a population.

Explanation / Answer

We have

p=0.55 it is a sample statistic but it describe from whole population.

Correct Statement:

Statistic because the value is numerecal measurment describing a characreristic of population .

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