Determine whether the underlined numerical value is a parameter or a statistic. Explain your reasoning. In a certain soccer leag
ue, 43% of the 14 teams had won more games than they had lost Choose the correct answer below. A. Statistic, because the data set of a sample of teams in a league is a sample.
B. Statistic, because the data set of a sample of teams in a league is a population.
C. Parameter, because the data set of all 14 teams is a population.
D. Statistic, because the data set of all 14 teams is a sample.
E. Parameter, because the data set of all 14 teams is a sample.
F. Parameter, because the data set of a sample of teams in a league is a population.
G. Parameter, because the data set of a sample of teams in a league is a sample.
H. Statistic, because the data set of all 14 teams is a population.
A Parameter is a value that represents a property of a population. This could be the population mean.
A statistic is a value that represents a property of a sample. This could be the sample mean.
In the given scenario, the population is the entire 14 teams. This means that the percentage given is a value representing a property of the population. Therefore, the correct answer is
C. Parameter, because the data set of all 14 teams is a population.