Determine whether the given value is a statistic or a parameter. A homeowner mea

Question

Determine whether the given value is a statistic or a parameter. A homeowner measured the voltage supplied to his home on one day a week for a given year on one day a week for a given year, and the average (mean) value is 144.3 144.3 volts. Choose the correct answer below. A. The given value is a parameter parameter for the year year because the data collected represent a population population. B. The given value is a parameter parameter for the year year because the data collected represent a sample sample. C. The given value is a statistic statistic for the year year because the data collected represent a sample sample. D. The given value is a statistic statistic for the year year because the data collected represent a population population.

Explanation / Answer

The observation is recording one day a week, and not everyday. Hence the value is derived from a sample and not a population, making it a statistic.

Answer: C. The given value is a statistic for the year year because the data collected represent a sample.

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