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Determine whether the given value is a statistic or a parameter. After inspecting all of 55,000 kg of meat stored at the Wurs
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Answer #1

A statistic is defined as a numerical value, which is obtained from a sample of data.

A fixed characteristic of population based on all the elements of population is termed as parameter.

When the result obtained from population, the numerical value is known as Parameter while if the result is obtained from the sample, the numerical value is known as Statistic.

Here the inspection is done on all 55,000 kgs of meat, therefore the given value is Parameter.

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