Determine whether the underlined number is a statistic or a parameter. A sample of professors is selected and it is found that (40%) own a television. Choose the correct statement below.
a. Statistic because the value is a numerical measurement describing a characteristic of a sample.
b. Parameter because the value is a numerical measurement describing a characteristic of a sample.
c. Parameter because the value is a numerical measurement describing a characteristic of a population.
d. Statistic because the value is a numerical measurement describing a characteristic of a population.

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Answer: a. Statistic because the value is a numerical measurement describing a characteristic of a sample.

Step-by-step explanation: Statistic are numerical characteristics drawn or obtained from a sample which is a subset of a population. Numerical values obtained from a population of data is called parameter. Hence, since the set of professors from which the value of those who own a television being 40% was drawn is stated as being a sample. Then all numerical characteristics obtained from the dataset will be referred to as a statistic.

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