A media report stated "Only 35% of all house buyers in Ireland get an engineer's report when purchasing a house A business student surveyed a random sample from this population, i.e. 360 recent house purchasers, and asked them whether they obtained an engineer's report. 54 said "yes" (15%) and 306 said "no" (85%). Which ONE of the following statements is INCORRECT O a The value 35% is a parameter and the value 360 is a statistic b. The value 15% is a statistic and the value 35% is a parameter O c. The value 360 is a parameter and the value 35% is a statistic Od The value 54 is a statistic and the value 306 is a statistic O e The value 85% is a statistic and the value 15% is a statistic

MATLAB: An Introduction with Applications
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QUESTION 3
A media report stated "Only 35% of all house buyers in Ireland get an engineer's report when purchasing a house
A business student surveyed a random sample from this population, i.e. 360 recent house purchasers, and asked them whether they obtained an
engineer's report. 54 said "yes" (15%) and 306 said "no" (85%).
Which ONE of the following statements is INCORRECT
O a The value 35% is a parameter and the value 360 is a statistic
O b. The value 15% is a statistic and the value 35% is a parameter
O c. The value 360 is a parameter and the value 35% is a statistic
Od The value 54 is a statistic and the value 306 is a statistic
Oo. The value 85% is a statistic and the value 15% is a statistic
Transcribed Image Text:QUESTION 3 A media report stated "Only 35% of all house buyers in Ireland get an engineer's report when purchasing a house A business student surveyed a random sample from this population, i.e. 360 recent house purchasers, and asked them whether they obtained an engineer's report. 54 said "yes" (15%) and 306 said "no" (85%). Which ONE of the following statements is INCORRECT O a The value 35% is a parameter and the value 360 is a statistic O b. The value 15% is a statistic and the value 35% is a parameter O c. The value 360 is a parameter and the value 35% is a statistic Od The value 54 is a statistic and the value 306 is a statistic Oo. The value 85% is a statistic and the value 15% is a statistic
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