Question

Elvin Hospital bases its budgets on patient visits. The hospital's static planning budget for May appears below:

(A question about the specific budget and values would need to be provided for options)
A) The correct values
B) Incorrect values
C) Not enough information to determine
D) None of the above

Answer 1

A mean amount of $12.84 spent on produce per visit indicates a statistic since it represents a characteristic of a chosen sample and not an entire population.

Step-by-step explanation:

The question provided relates to the interpretation of a numerical datum as it pertains to a study. Specifically, it focuses on the mean amount spent on produce per visit being $12.84. This figure represents a statistic, which is a numerical value that describes a characteristic of a sample. A statistic is distinct from a parameter, which describes a characteristic of a population. In this case, since the mean value comes from the customers in the sample and not the entire population of customers, it is considered a statistic.