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 all 7 days of a given week, and the average (mean) value is 102.3 volts. Choose the correct answer below. A. The given value is a statistic for the week because the data collected represent a population. B. The given value is a parameter for the week because the data collected represent a population. C. The given value is a parameter for the week because the data collected represent a sample. D The given value is a statistic for the week because the data collected represent a sample.

Explanation / Answer

Here, the given value is a statistic as the data collected for the week represent a population. Hence, Option (A) is the correct choice. (Ans).

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