Determine Whether the Underlined Value Is a Parameter or a Statistic

question 81

Multiple Choice

Determine whether the underlined value is a parameter or a statistic.
-27.2% of the mayors of cities in a certain state are from minority groups.

• A) parameter
• B) statistic

---

Definitions:

Operating Lease

A leasing agreement allowing one party to use an asset owned by another party for a specified time period without ownership transfer.

Seller-lessee

An entity that sells an asset and then leases it back from the buyer, typically to gain capital while retaining the use of the asset.

Sale-leaseback Transaction

A financial transaction where one party sells an asset and then leases it back from the buyer, generally to free up capital while retaining the use of the asset.

Capital Lease

A leasing arrangement considered to have the economic characteristics of asset ownership for accounting purposes.