subject
Mathematics, 01.12.2019 23:31 miracle9704

In a study of homeowners, 500 were randomly chosen. it was found that 23% of the people did not have a mortgage and owned their homes outright. determine whether 23% is a statistic or a parameter.

a.
it is a parameter because the value describes a characteristic of a population.

b.
it is a statistic because the value describes a characteristic of a sample.

c.
it is a parameter because the value describes a characteristic of a sample.

d.
it is a statistic because the value describes a characteristic of a population.

ansver
Answers: 3

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 17:00, joejoefofana
Need on this one asap im almost done with this subject
Answers: 1
image
Mathematics, 21.06.2019 19:20, docholiday
Math each whole number with a rational, exponential expression
Answers: 1
image
Mathematics, 21.06.2019 20:00, sum72
Triangle knm is what is true about the sides of knm
Answers: 3
image
Mathematics, 21.06.2019 20:00, vane1161
Afrequency table of grades has five classes (a, b, c, d, f) with frequencies of 3, 13, 14, 5, and 3 respectively. using percentages, what are the relative frequencies of the five classes?
Answers: 3
You know the right answer?
In a study of homeowners, 500 were randomly chosen. it was found that 23% of the people did not have...

Questions in other subjects:

Konu
History, 18.12.2020 01:00
Konu
Mathematics, 18.12.2020 01:00
Konu
Mathematics, 18.12.2020 01:00
Konu
History, 18.12.2020 01:00