Determine if the numerical value describes a parameter or a statistic.
A recent poll of 1887 corporate executives showed that the average price of their cars is $44,200.

Question

04-01-2021
Business

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Determine if the numerical value describes a parameter or a statistic.
A recent poll of 1887 corporate executives showed that the average price of their cars is $44,200.

Sagot :

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Muscardinusidn Muscardinusidn · Answer 1 · 2021-01-05T21:36:56-05:00

Answer:

Sample Statistic

Explanation:

The given statement is "A recent poll of 1887 corporate executives showed that the average price of their cars is $44,200".

We need to determine if the numerical value describes a parameter or a statistic.

The average price of their cars is $44,200. It is a sample point of the data. It shows only an attribute of car. Hence, the numerical value describes a statistic.

Sagot :

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