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
8.5k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories