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

Question

Determine whether the given value is a statistic or a parameter.

In a study of all 2337 students at a college, it is found that 40% own a computer.

a. StatisticStatistic because the value is a numerical measurement describing a characteristic of a population.

b. ParameterParameter because the value is a numerical measurement describing a characteristic of a population.

c. StatisticStatistic because the value is a numerical measurement describing a characteristic of a sample.

d. ParameterParameter because the value is a numerical measurement describing a characteristic of a sample.

Explanation / Answer

Ans. Option b]

Parameter because the value is a numerical measurements describing a characteristic of a population.

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