Parameter Vs Statistic Examples. You conclude that the population mean. The parameter for the size of a population is given by N. The pass rate on a certification exam is a parameter. Parameter implies a summary description of the characteristics of the target population.
For this population of students at a small college 060 are eligible for financial aid. The pass rate on a certification exam is a parameter. A parameter of this population would be the mean height of all dogs in the city. Statistics representing the size of a sample. Problems 1 through 6. In the example 075 0625 and 0375 are all statistics that describe the proportion eligible for financial aid in a sample of 8 students.
A statistic would be the mean height of 50 of these dogs.
In the example 075 0625 and 0375 are all statistics that describe the proportion eligible for financial aid in a sample of 8 students. A parameter of this population would be the mean height of all dogs in the city. In a survey of a sample of computer users 8 said their computer had a malfunction that needed to be repaired by a service technician. For this population of students at a small college 060 are eligible for financial aid. This data point is calculated using test results from everyone who has taken the exam within a set timeframe. Recall that a population represents every possible individual element that youre interested in measuring while a sample simply represents a portion of the population.