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A media report stated "71% of the population of all Irish consumers are unwilling to pay for online news, and of those who do, almost half pay less than e50 per year”. A business student surveyed a random sample of 20 Irish consumers and calculated that 65% of the sample were unwilling to pay for online news. Which one of the following statements are true: (a) The value 71% is a statistic and the value 65% is a parameter. (b) The value 71% is a statistic and the value 65% is a statistic (c) The value 71% is a parameter and the value 65% is a statistic.

A media report stated "71% of the population of all Irish consumers are unwilling to pay for online news, and of those who do, almost half pay less than e50 per year”. A business student surveyed a random sample of 20 Irish consumers and calculated that 65% of the sample were unwilling to pay for online news. Which one of the following statements are true: (a) The value 71% is a statistic and the value 65% is a parameter. (b) The value 71% is a statistic and the value 65% is a statistic (c) The value 71% is a parameter and the value 65% is a statistic.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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A media report stated "71% of the population of all Irish consumers are unwilling to pay for online news, and of those who do, almost half pay less than e50 per year”. A business student surveyed a random sample of 20 Irish consumers and calculated that 65% of the sample were unwilling to pay for online news. Which one of the following statements are true: (a) The value 71% is a statistic and the value 65% is a parameter. (b) The value 71% is a statistic and the value 65% is a statistic (c) The value 71% is a parameter and the value 65% is a statistic.

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