OBJECTIVE FORESTRY

FORESTRY

AGRICULTURAL STATISTICS AND ECONOMICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Identify whether the information described is a parameter or statistic. Sixty-two of the 97 passengers aboard the Hindenburg airship survived its explosion.
A
Parameter
B
Statistic
C
Cannot be determined
D
Needs more information
Explanation: 

Detailed explanation-1: -Determine whether the numerical value is a parameter or a statistic. Explain your reasoning. Sixty-two of the 97 passengers aboard the Hindenburg airship survived its explosion. PARAMETER-the 62 surviving passengers out of 97 total passengers is a numerical description of ALL of the passengers.

Detailed explanation-2: -A parameter is a number describing a whole population (e.g., population mean), while a statistic is a number describing a sample (e.g., sample mean).

Detailed explanation-3: -The difference between a parameter vs a statistic is that a parameter is a fixed measure describing the whole population, while a statistic is a characteristic of a sample, a portion of the target population.

Detailed explanation-4: -A parameter is a characteristic of a population. A statistic is a characteristic of a sample. Inferential statistics enables you to make an educated guess about a population parameter based on a statistic computed from a sample randomly drawn from that population (see Figure 1).

There is 1 question to complete.