Kindly answer items 1, 2, 3 and 4 and determine whether the numerical value is parameter or a statistic ( explain why it is so). The needed data is given. Thank you. Directions: Determine whether the numerical value is a parameter or a statistic. Explainyour answer.1. Sixty-two of the 97 passengers aboard the Agila airship survived its explosion.2. In a survey of 300 computer users, 8% said their computers had malfunctions thatneeded to be repaired by service technicians.3. A survey of 1004 Filipino adults found that 52% think that China's emergence as aworldpoweris a major threat to the well-being of the Philippines.4. In January 2013, 60% of the governors of the Philippines were male. A parameteris a value that describes some aspect of a population. A parametermay be very difficult to determine if not impossible, especially in a large population. Thisis where samples and statistics come into play.However, a parameter can be determined in a very small population where everyindividual can be located with absolute certainty, for instance in a totally captivepopulation. In this case you can calculate a parameter directly if all individuals can belocated and measured without missing a single individual.A statistic is a value that is an estimate of a parameter. A statistic is based ona sample. It is calculated from a sample taken from a population.Sampling is a way to collect information or data about a population withoutactually counting or measuring every individual in the population. Sampling is oftennecessary since it is often impossible to measure or count every individual within apopulation since populations are often large and it may be hard to find every individual.Table comparing the difference between Parameter and StatisticPARAMETERSTATISTICDescriptive measure of a sampleEstimate of a value in the populationAlways possible to measureDescriptive measure of a populationActual value in the populationNot always possible to measureParameter average or mean isindicated with uStatistic average or mean is indicated by xThe variance is indicated by o²The variance is indicated by s?Standard deviation is indicated by oStandard deviation is indicated by sTotal size of population is indicated by NTotal size of sample is indicated by n

Name: Kindly answer items 1, 2, 3 and 4 and determine whether the numerical
Uploaded: 2024-03-20T07:07:12.000Z
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Description: Kindly answer items 1, 2, 3 and 4 and determine whether the numerical value is parameter or a statistic ( explain why it is so). The needed data is given. Thank you. Directions: Determine whether the numerical value is a parameter or a statistic. Exp