Determine whether the given value is a statistic or a parameter
-Based on a sample of 500 patients with high cholesterol, it was found that 67% have heart disease.
A) Statistic
B) Parameter

Name: Determine whether the given value is a statistic or a parameter -Based on a sample of 500 patients with high cholesterol, it was found that 67% have heart disease. A) Statistic B) Parameter
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Question

Quizplus · Accepted Answer

The value is a statistic because it is based on a sample of 500 patients, not the entire population.

Determine Whether the Given Value Is a Statistic or a Parameter