Determine Whether the Given Value Is a Statistic or a Parameter

question 68

Multiple Choice

Determine whether the given value is a statistic or a parameter. After taking the first exam, 15 of the students dropped the class.

• A) Parameter
• B) Statistic

---

Definitions:

Systems Theory

An interdisciplinary theory that studies complex systems in nature, society, and science, emphasizing the interconnectedness and interdependence of elements within a whole.

Monetizing Program Costs

The process of identifying and quantifying the financial value derived from program activities, often for the purpose of enhancing sustainability or justifying expenditures.

Social Return

Social return often refers to the non-financial impact of organizations, specifically related to social and environmental factors, aimed at creating a positive change in society.

Financial Value

The economic worth or utility of an asset, investment, or financial decision, often determined by its potential to generate income, profit, or other forms of economic benefit.