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22 January, 14:49

Determine whether the given value is a statistic or a parameter. A homeowner measured the voltage supplied to his home on a random sample of 34 dayson a random sample of 34 days , and the average (mean) value is 136.4136.4 volts. Choose the correct answer below.

A. The given value is a statisticstatistic for the yearyear because the data collected represent a populationpopulation.

B. The given value is a parameterparameter for the yearyear because the data collected represent a samplesample.

C. The given value is a statisticstatistic for the yearyear because the data collected represent a samplesample.

D. The given value is a parameterparameter for the yearyear because the data collected represent a populationpopulation.

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  1. 22 January, 15:05
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    C. The given value is a statistic for the yearyear because the data collected represent a samplesample.

    Explanation:

    A parameter is a numerical measurement of a population while a statistic is a numerical measurement of a sample. Statistics use assumptions to represent relations among variables and parameters should meet requirements and present more objective data. In this case, the voltage value found is the mean of a 34 days sample and, therefore, the given value is a statistic of the daily voltage for the year.
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