Question: Determine whether the underlined number is a statistic or a parameter. In a study of all 3019 employees at a college, it is found 63
Determine whether the underlined number is a statistic or a parameter.
In a study of all 3019 employees at a college, it is found 63% own their homes.
Group of answer choices
Parameter because the value is a numerical measurement describing a characteristic of a population.
Parameter because the value is a numerical measurement describing the characteristic of a sample.
Statistic because the value is a numerical measurement describing the characteristic of a sample.
Statistic because the value is a numerical measurement describing the characteristic of a population.
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