Determine whether the given value is a statistic or a parame

Determine whether the given value is a statistic or a parameter. In a study of all 2013 students at a college comma it is found that 65 % own a vehicle.

Choose the correct statement below.

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

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

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

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

Solution

A population is the complete collection of all elements. A sample is a subset of elements drawn from a population. A parameter is a numerical measurement describing some characteristic of a population. A statistic is a numerical measurement describing some characteristic of a sample.

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