Determine Whether the Numerical Value Is a Parameter or a Statistic

question 57

Essay

Determine whether the numerical value is a parameter or a statistic. Explain your reasoning.
-A recent survey by the alumni of a major university indicated that the average salary of 7500 of its 200,000
graduates was $95,000.

---

Definitions:

T Score

A type of standardized score that has been adjusted to fit a normal distribution, typically with a mean of 50 and a standard deviation of 10.

Test-Retest Reliability

The consistency of a psychological test or assessment over time, measured by administering the same test to the same subjects at two different points in time.

Standard Error of Measurement (SEM)

A statistic that reflects the amount of error in the measurement of a score, indicating its accuracy and precision.