Determine Whether the Underlined Value Is a Parameter or a Statistic

question 113

Multiple Choice

Determine whether the underlined value is a parameter or a statistic.
-Mark retired from competitive athletics last year. In his career as a sprinter he had competed in the 100 -meters event a total of 328 times. His average time for these 328 races was 10.27 seconds.

• A) parameter
• B) statistic

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Definitions:

Brand and Reputation

The perception and recognition of a company or product based on qualities, values, and performance, significantly influencing consumer behavior and corporate success.

Brand and Reputation

The distinct identity and public perception of a company or product, shaped by consumer experiences, advertising, and media.

Short-termism

The focus on achieving immediate results or gains, often at the expense of long-term objectives or sustainability.

Sustainability

The practice of meeting current needs without compromising the ability of future generations to meet theirs, often focusing on environmental conservation and resource management.