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determine whether the underlined number is a statistic or a parameter. a sample of professors is selected and it is found that 55% own a vehicle. choose the correct statement below. 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. 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 statistic is a numerical measure that describes a characteristic of a sample. Here, 55% is based on a sample of professors. A parameter would be a numerical measure for an entire population. Since it's about a sample, it's a statistic.
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Statistic because the value is a numerical measurement describing a characteristic of a sample.