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Question
in a study of all homeowners in nevada, it was found that the average size of a home was 1100 square feet. determine whether 1100 square feet is a statistic or a parameter. (1 point) it is a statistic because the value describes a characteristic of a sample. it is a parameter because the value describes a characteristic of a sample. it is a parameter because the value describes a characteristic of a population. it is a statistic because the value describes a characteristic of a population.
A parameter describes a characteristic of a population. Here, the study is of all homeowners in Nevada (the population), and the average size of 1100 square feet is a characteristic of this population. A statistic would be a characteristic of a sample.
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It is a parameter because the value describes a characteristic of a population.