Determine whether the underlined value is a parameter or a statistic.
-Telephone interviews of 394 employees of a large electronics company found that 65% were dissatisfied with their working conditions.
A) statistic
B) parameter

Question

Quizplus · Accepted Answer

A statistic is a numerical measure that describes an aspect of a sample. Since the 65% dissatisfaction rate comes from a sample of 394 employees, rather than the entire population of the company's employees, it is a statistic.

Determine Whether the Underlined Value Is a Parameter or a Statistic