Answer:
The given value is a statistic
Explanation:
* Lets explain the difference between statistic and parameter
- A statistic and a parameter are very similar
- They are both descriptions of groups
- The difference between a statistic and a parameter is that
statistics describe a sample and a parameter describes an
entire population
- Ex:
# If we selected a random sample of 100 students from a school
with 1000 students. The average weight of the sampled students
would be an example of a statistic
# The average height of adult women in the United States is
a parameter
* Lets solve the problem
- A sample of 120 employees of a company is selected, the average
age is found to be 37 years
∵ It is a sample of 120 employees of a company selected
∵ The average age is 37 years
∵ Statistics are numbers that summarize data from a sample
∴ The given value is a statistic