Please explain why (c) is correct and (b) is wrong. Determine whether the given

Question

Please explain why (c) is correct and (b) is wrong.

Determine whether the given value is a statistic or a parameter. In a study of all 3237 seniors at a college, it is found that 55% own a computer. Choose the correct statement below. Statistic because the value is a numerical measurement describing a characteristic of a population. Statistic 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 population. Parameter because the value is a numerical measurement describing a characteristic of a sample.

Explanation / Answer

The given value is a Parameter. This is so because the proportion is conducted for all the 3237 senioe i.e. the enitre population.

So the given value is a numerical value describing a characteristic of a population.

Hence 3rd option is the correct option.

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