How do a parameter and a statistic differ?
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a confidence interval is constructed to estimate the value of
a.) a statistic or parameter
b.) a statistic.
c.) a parameter
Determine whether the underlined value is a parameter or a statistic.
The average score for a class of 28 students taking a calculus midterm exam was 72%. Is the value a parameter or a statistic?
A. The value is a parameter because the class of 28 students is a population.
B. The value is a statistic because the class of 28 students is a sample.
C. The value is a statistic because the class of 28 students is a population.
D. The value is a parameter because the class of 28 students is a sample.