Determine Whether the Numerical Value Is a Parameter or a Statistic

question 16

Essay

Determine whether the numerical value is a parameter or a statistic. Explain your reasoning.
-The average salary of all assembly-line employees at a certain car manufacturer is $42,000.

---

Definitions:

Top 500 Companies

A list referring to the 500 largest companies measured by key indicators like revenue, profit, and market capitalization.

Personality

The unique combination of emotional, attitudinal, and behavioral response patterns of an individual that influences their interactions and adaptability to the environment.

Negative Comments

Remarks or observations that express criticism, disapproval, or a pessimistic viewpoint.

Performance Reviews

are evaluations of an employee's work performance by their superiors, often involving feedback and discussions of possible advancements and areas for improvement.