Determine whether the given value is a statistic or a parameter In a study of al

Question

Determine whether the given value is a statistic or a parameter In a study of all 2871 students at a college, it is found that 25% own a vehicle Choose the correct statement below. Parameter because the value is a numerical measurement describing a characteristic of a population Statistic because the value is a numerical measurement describing of a population Parameter 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 sample.

Explanation / Answer

Option D is Correct. It is a Statistic, describing the numerical value of the sample.

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