Are the data described in Exercise 6 the result of an observational study or an experiment? Exercise

Question:

Are the data described in Exercise 6 the result of an observational study or an experiment?


Exercise 6

In an AARP survey of 1019 randomly selected adults, the respondents were asked to identify the number of credit cards they have, and 26% of them said they had no credit cards. Is the value of 26% a statistic or a parameter?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: