Determine whether the given value is a statistic or a parameter. In a study of all 1580 seniors at a college comma it is found t
hat 40 % own a television. Choose the correct statement below. Parameter 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 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 sample.
Parameter because the value is a numerical measurement describing a characteristic of a population.
Step-by-step explanation:
A parameter tells you something about the entire population.This means that you will know the "something" after asking every person in that group.In this question, the study was conducted for all 1580 seniors, and it was found that a parameter of 40% own a television.
Here's why: The formula is Interest = Principal x Rate x Time I = 460 x 8% x 5 or I = 460 x 0.08 x 5. PEMDAS 460(0.08) = 36.8 I = 36.8 x 5 36.8 x 5 = 184 I = $184 To find them in all, add the original amount she deposited with the interest. 460 + 184 = 644 In all: $644
