In-Class Exercises: Chapter 1 Intro to Statistics (vocabulary) In problems 1-2,

Question

In-Class Exercises: Chapter 1 Intro to Statistics (vocabulary) In problems 1-2, determine whether the data set is a population or sample. 1. The annual salary for each lawyer at Don't Sue Me Law Firm. 2. A survey of 430 spectators from the most recent World Cup match. 3. A survey of 1360 households in the US found that 3% have a 3-D television. Is the 3% a parameter or statistic? 4. In a survey of college graduates, 43% said their mother taught them the most about managing money. Is the 43% a parameter or statistic?

Explanation / Answer

1.) Population

2.) Sample

3.) Statistic

4.) Parameter

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