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My questions are on statistic inference. It is on page 158,exercise 8.3. Paramet

ID: 2913395 • Letter: M

Question

My questions are on statistic inference. It is on page 158,exercise 8.3. Parameter or statistic? Saywhether each of the boldface numbers is a parameter or astatistic. (a) Insured? A data setbased on 168 hospital discharge summaries shows that20% of patients were uninsured. (The review takesplace in a large referral hospital.) (b) Percent AfricanAmerican. Data from a standard metropolitanarea (SMA) indicate that 12% of the inhabitantsare African American. A telephone survey that was based on arandom-digit-dialing machine found that 8% ofrespondents were African American. (c) Cost of antihypertensivemedication. Data from 10 online pharmaciesreveal that the average cost of a 1-month supply of a particularmedication is $31.20 with a standard deviation$7.75. Data from 10 community pharmaciesshows an average cost of $33.18 with standarddeviation $7.88. Also could supply a brief explanation, thank you. My questions are on statistic inference. It is on page 158,exercise 8.3. Parameter or statistic? Saywhether each of the boldface numbers is a parameter or astatistic. (a) Insured? A data setbased on 168 hospital discharge summaries shows that20% of patients were uninsured. (The review takesplace in a large referral hospital.) (b) Percent AfricanAmerican. Data from a standard metropolitanarea (SMA) indicate that 12% of the inhabitantsare African American. A telephone survey that was based on arandom-digit-dialing machine found that 8% ofrespondents were African American. (c) Cost of antihypertensivemedication. Data from 10 online pharmaciesreveal that the average cost of a 1-month supply of a particularmedication is $31.20 with a standard deviation$7.75. Data from 10 community pharmaciesshows an average cost of $33.18 with standarddeviation $7.88. Also could supply a brief explanation, thank you.

Explanation / Answer

a) (20%) Statistic b) (12%) Parameter (8%) Statistic c) All are statistics Parameters are values associated with the population Statistics are values associated with a sample (168 summaries,telephone survey, 10 pharmacies)