In an AARP study of 1019 randomly selected adults, the respondents were asked to identify the number of credit cards they have, and 26% of them said they had no credit cards. Is this a statistic or parameter?

Question

Mathematics

Eva Gordon

29 December, 10:14

In an AARP study of 1019 randomly selected adults, the respondents were asked to identify the number of credit cards they have, and 26% of them said they had no credit cards. Is this a statistic or parameter?

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Answers (1)

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Aden Burns · Answer 1

The statement is statistic.

Step-by-step explanation:

Consider the provided information.

In an AARP study of 1019 randomly selected adults, the respondents were asked to identify the number of credit cards they have, and 26% of them said they had no credit cards.

A statistic is a feature of a sample, a percentage of the target population. A parameter is set, unknown numerical value, whereas the statistics are a known number and a variable depending on the population part.

Now we have given the percentage of target population which is the descriptive measure for a sample.

26% is the based on the sample of 1019, therefore this a statistic.