When designing homes, the heat conductivity of materials is important.. As a test of a new measurement process, 10 measurements are made on pieces of glass known to have conductivity 1.&nbsp;The average of the 10 measurements is 1.07. For each of the boldface numbers, indicate whether it is a parameter or a statistic. Describe your response

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When designing homes, the heat conductivity of materials is important.. As a test of a new measurement process, 10 measurements are made on pieces of glass known to have conductivity 1.&amp;nbsp;The average of the 10 measurements is 1.07. For each of the boldface numbers, indicate whether it is a parameter or a statistic. Describe your response

cheekabooy · Accepted Answer

Step 1&amp;nbsp;Population of interest:&amp;nbsp;All interested individuals are included in the population of interest. The overall group of objects about which conclusions are to be drawn is called the population.&amp;nbsp;Parameter:&amp;nbsp;Any statistical measure based on all units in the population is called Parameter.&amp;nbsp;Sample:&amp;nbsp;Any segment of the population is a sample.Statistic:&amp;nbsp;Any statistical measure calculated on the basis of sample observation is called Statistic.&amp;nbsp;Step 2&amp;nbsp;Check whether the given estimate is a parameter or a statistic:&amp;nbsp;The objective of the investigator is to estimate “How well materials conduct heat matters when designing houses”.&amp;nbsp;To achieve the objective, the investigator collects a sample of 10 measurements that are made on pieces of glass known to have conductivity 1.&amp;nbsp;The average of all this 10 measurements is 1.07.&amp;nbsp;Now, the estimate is the average of 10 measurements. That is, 1.07.&amp;nbsp;Here, the estimate (average of measurements) is calculated on the basis of 10 sample observations.&amp;nbsp;Therefore, it is a statistical measure calculated on the basis of sample observations.&amp;nbsp;Thus, the estimate in the given situation is a statistic.&amp;nbsp;Step 3&amp;nbsp;Result:&amp;nbsp;The estimate in the given situation is a statistic.

How well materials conduct heat matters when designing houses. As a test of a new measurement process, 10 measurements are made on pieces of glass kno

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