Determine whether the underlined number is a statistic or a parameter. In a study of all 1963 employees at a college, it is found that "40%" own a computer. Choose the correct statement below.

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

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

3. Statistic because the value is a numerical measurement describing a characteristic of a sample.

4. Parameter because the value is a numerical measurement describing a characteristic of a sample.

Question

Mathematics

Mcneil

7 June, 15:31

Determine whether the underlined number is a statistic or a parameter. In a study of all 1963 employees at a college, it is found that "40%" own a computer. Choose the correct statement below.

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

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

3. Statistic because the value is a numerical measurement describing a characteristic of a sample.

4. Parameter because the value is a numerical measurement describing a characteristic of a sample.

+5

Answers (1)

Know the Answer?

Marisa Liu · Answer 1

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

Step-by-step explanation:

A parameter is a fixed measure which describes the whole population while a statistic is a characteristic of a sample (which is a portion of the target population).

In a study of all 1963 employees at a college, it is found that "40%" own a computer.

The study involved the entire population of employees in the college, therefore the result describes the computer owning characteristics of the whole population under study. It is therefore a parameter.

The correct option is 1.