Question

Determine if the numerical value describes a population parameter or a sample statistic. 74% of all instructors at your school teach 2 or more classes.

Answer 1

Population parameter

Explanation:

We are given the following in the question:

74% of all instructors at your school teach 2 or more classes.

Parameter and statistic:

• Parameter is the value that describes a population.
• Population is the collection of all the possible observations of an event.
• Statistic is the quantitative value that describes a sample.
• A sample is a part of a population and is always smaller than a population.

Population:

all instructors at your school

Parameter:

74% of all the instructors at your school teach 2 or more classes

Thus, 74% describes the population that takes two or more classes.

Hence, it is a population parameter.