You draw a sample of 100 students who are majoring in Economics at Florida State University. You find that the mean GPA in this sample is 3.4. You run a statistical study and estimate the mean GPA of students that major in Economics at Florida State University is 3.1. How would you classify these two values? a. 3.4 is a statistic while 3.1 is a parameter. b. 3.1 is a statistic while 3.4 is an estimate of another statistic. c. 3.1 is a statistics while 3.4 is a parameter. d. None of these e. 3.1 is a statistics while 3.4 is an estimate of a parameter.
You draw a sample of 100 students who are majoring in Economics at Florida State University. You find that the mean GPA in this sample is 3.4. You run a statistical study and estimate the mean GPA of students that major in Economics at Florida State University is 3.1. How would you classify these two values? a. 3.4 is a statistic while 3.1 is a parameter. b. 3.1 is a statistic while 3.4 is an estimate of another statistic. c. 3.1 is a statistics while 3.4 is a parameter. d. None of these e. 3.1 is a statistics while 3.4 is an estimate of a parameter.
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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Question
You draw a sample of 100 students who are majoring in Economics at Florida State University. You find that the mean GPA in this sample is 3.4. You run a statistical study and estimate the mean GPA of students that major in Economics at Florida State University is 3.1. How would you classify these two values?
| a. |
3.4 is a statistic while 3.1 is a parameter. |
|
| b. |
3.1 is a statistic while 3.4 is an estimate of another statistic. |
|
| c. |
3.1 is a statistics while 3.4 is a parameter. |
|
| d. |
None of these |
|
| e. |
3.1 is a statistics while 3.4 is an estimate of a parameter. |
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