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determine whether the underlined number is a statistic or a parameter. in a study of all 3045 seniors at a college, it is found that 40% own a television. 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 a characteristic 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.
A parameter is a numerical measurement that describes a characteristic of a population. Here, the study is about all 3045 seniors (the entire population of seniors at the college), and 40% is a measurement related to this population.
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Parameter because the value is a numerical measurement describing a characteristic of a population.