### Example Problem on Statistics and Parameters**Determine whether the given value is a statistic or parameter.**A health and fitness club surveys 40 randomly selected members and found that the average weight of those questioned is 157 lb.- o parameter- o statistic**Explanation:**---- **Parameter:** A parameter is a numerical value that describes a characteristic of a population.- **Statistic:** A statistic is a numerical value that describes a characteristic of a sample.In this scenario, since the health and fitness club surveyed a sample of 40 randomly selected members from the club, and provided the average weight of those members, the value given (157 lb) is a statistic because it summarizes a characteristic of a sample, not the entire population.---For more educational resources and practice problems, please visit our website.

Statistic and Parameter:A parameter and a statistic are numerical values describing things and…

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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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Determine whether the given value is a statistic or parameter. A health and fitness club surveys 40 randomly selected members and found that the average weight of those questioned is 157 lb. parameter statistic