114k views
15 votes
Suppose you have a population in which 60% of the people approve of gambling. Is the value 0.60 a parameter or a statistic

1 Answer

6 votes

Answer:0.60 is a parameter .

Explanation:

In statistics, a parameter is a number that summarize the data for a whole population.

On the other hand , statistic gives a measure for sample of population.

Given: We have a population in which 60% of the people approve of gambling.

60% = 0.60

Since it is a measure for the population , it is denoted as population parameter.

Hence, 0.60 is a parameter not statistic.

User Jason Yeo
by
3.9k points