Which of the Following Is Most Likely a Parameter as Opposed

question 82

Multiple Choice

Which of the following is most likely a parameter as opposed to a statistic?

• A)The average score of the first five students completing an assignment.
• B)The proportion of females registered to vote in a county.
• C)The average height of people randomly selected from a database.
• D)The proportion of trucks stopped yesterday that were cited for bad brakes.

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Definitions:

Fair Trade Cocoa

Cocoa produced and sold under standards designed to support fair pricing and sustainable practices for small-scale cocoa farmers.

Myopia

A condition or behavior characterized by a lack of foresight or planning for the future, often focusing only on short-term benefits.

Behavioral Economics

The study within economics that delves into how individuals' and institutions' economic decisions are swayed by psychological, emotional, cognitive, cultural, and social factors.

Ultimatum Game

A game in experimental economics where two players decide on how to divide a sum of money; if the receiver does not accept the offer, both get nothing.