Determine Whether the Underlined Value Is a Parameter or a Statistic

question 15

Multiple Choice

Determine whether the underlined value is a parameter or a statistic.
-Telephone interviews of 372 employees of a large electronics company found that 65% were dissatisfied withtheir working conditions.

• A) statistic
• B) parameter

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Definitions:

Innocent Misrepresentations

False statements made without fault regarding a material fact that induce someone into a contract.

Punitive Damages

are monetary compensations awarded in a lawsuit as a punishment to the defendant and to deter future similar acts.

Fraud

A deliberate deception to secure unfair or unlawful gain, or to deprive a victim of a legal right.

Misrepresentation

The act of giving false or misleading information about a matter of fact, which may induce someone to enter into a contract or make a decision they otherwise might not have made.