At a particular college, 78% of all students are receiving some kind of financial aid. The school newspaper selects a random sample of 100 students and 72% of the respondents say they are receiving some sort of financial aid. Which of the following is true? (a) 78% is a population and 72% is a sample. (b) 72% is a population and 78% is a sample. (c) 78% is a parameter and 72% is a statistic. (d) 72% is a parameter and 78% is a statistic. (e) 78% is a parameter and 100 is a statistic.

Answer :

Answer:

(c) 78% is a parameter and 72% is a statistic

Step-by-step explanation:

78% of students are receiving financial aid.

Number of samples selected = 100

72% of the sample selected are receiving financial aid.

The population is a made up of all the individuals we want to collect information from (the students of a particular college)

The part of the population from which sample are taken is called the sample.

78% describes the entire population while 72% describes the sample(100 students)

A parameter is a descriptive measure for a population while a statistic is a descriptive measure for a sample. Therefore

78% is a parameter while 72% is a statistic (C)

The correct statement is 78% is a parameter and 72% is a statistic

Given that,

At a particular college, 78% of all students are receiving some kind of financial aid.

The school newspaper selects a random sample of 100 students and 72% of the respondents say they are receiving some sort of financial aid.

We have to determine,

Which of the following is true?

According to the question,

The school newspaper selects a random sample of 100 students.

Sample = 100 students

A descriptive measure for an entire population is a ''parameter.

There are many population parameters.

Therefore, 78% is a parameter

It is generally not feasible to directly measure parameters, since it requires collecting information from all members of the population.

Therefore, take samples from the population, and the descriptive measures for a sample are referred to as ''sample statistics'' or simply ''statistics.''

72% of the sample selected are receiving financial aid.

Hence, The correct statement is 78% is a parameter and 72% is a statistic.

For more details refer to the link given below.

https://brainly.com/question/795909

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