Answer:
Parameter : 8 ounces
Statistics: 7.6 ounces
Explanation:
Number of hamburger patties made by the restaurant = 200
Mean weight of these patties = 8 ounces
Standard Deviation of these patties = 0.54 ounces
I visited the store and bought 5 randomly selected hamburgers.
Mean weight of these hamburgers = 7.6 ounces
We have to identify population parameter and sample statistics for this situation.
A population is the collection of all the elements that can possibly be in a set/experiment, while sample is a small set of observations taken from this larger collection. The restaurant made 200 hamburger patties in total. Therefore, the 200 patties represent the population. I visit the store and select 5 hamburgers from 200 available hamburgers. So, 5 randomly selected hamburgers represent a sample.
Parameter:
Any value or measure that describes or represents the entire population is known as Parameter. From the data, we know that mean weight of 200 hamburger patties is 8 ounces. Since, 8 ounces represent the mean(center) of entire population, it is a parameter.
Statistics:
Any value or measure that describes or represents the sample is known as Statistics. I bought 5 hamburgers which were selected randomly, and mean weight of these hamburgers was 7.6 ounces. So, 7.6 is a statistics.