Guerrero Bird
11/13/2023 · Primary School

Determine whether the underlined numerical value is a parameter or a statistic. Explain your reasoning. The average annual salary of 50 of a company's 800 employees is \( \$ 54,000 \). Choose the correct answer below. A. Statistic, because the data set of salaries of 50 employees is a sample. B. Statistic, because the data set of all employees' salaries is a population. C. Parameter, because the data set of salaries of 50 employees is a sample. D. Parameter, because the data set of all employees' salaries is a population. E. Statistic, because the data set of all employees' salaries is a sample. F. Statistic, because the data set of salaries of 50 employees is a population. G. Parameter, because the data set of all employees' salaries is a sample. H. Parameter, because the data set of salaries of 50 employees is a population.

UpStudy ThothAI Solution

Tutor-Verified Answer

Quick Answer

A. Statistic, because the data set of salaries of 50 employees is a sample.

Step-by-step Solution

Elevate Your Learning
Unlock full answers and more with UpStudy Premium
Get AI Assistant
Answered by UpStudy AI and reviewed by a Professional Tutor
UpStudy ThothAI
Self-Developed and Ever-Improving
Thoth AI product is constantly being upgraded and optimized.
Covers All Major Subjects
Capable of handling homework in math, chemistry, biology, physics, and more.
Instant and Accurate
Provides immediate and precise solutions and guidance.
Try Now
Ask Tutors
Ask AI
10x
Fastest way to Get Answers & Solutions
By text

Enter your question here…

By image
Re-Upload
Uploaded Files
xxxx.png0%
Submit
📸 STUDY CAN BE A REAL STRUGGLE
Why Not UpStudy It?
Select your plan below
Premium

You can enjoy

  • Step-by-step explanations
  • 24/7 expert live tutors
  • Unlimited number of questions
  • No interruptions
  • Full access to answer and
    solution
  • Full Access to PDF Chat, UpStudy Chat, Browsing Chat
Basic
  • Limited Solutions