Determine whether the given value is a statistic or a parameter. a homeowner measured the voltage supplied to his home on 20 days of a given monthon 20 days of a given month, and the average (mean) value is 112.3112.3 volts.
For this example, the value presented would be considered a statistic. The value is a statistic as it represents a numerical measurement of a sample. If it were a parameter, it would need to represent a numerical measurement of a population.