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Question
general purpose for the statistical methods in each category. we know that the average iq of everyone in the united states is 100. we randomly select 10 people and observe that their average iq is 105. a. the value of 105 is a ________. b. the value of 100 is a ________. define the terms statistic and parameter and explain
In statistics, a statistic is a numerical characteristic of a sample. Here, the average IQ of 10 randomly - selected people (105) is calculated from a sample, so it's a statistic. A parameter is a numerical characteristic of a population. The average IQ of everyone in the United States (100) represents the population value, so it's a parameter.
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a. statistic
b. parameter