An economist wants to compare car ownership in her hometown versus home ownership in the state in which she lives. Statewide, she found that 86% of adults own their hom
compared to 65% of those surveyed in her city. The median price paid for a car within
the state was $25,500. The median car price paid by survey respondents in the
economist's city was $13,300. The average number of years a responding city resident
has owned their car is 8 years. In comparison, the average number of years someone in
the state has owned their car is 2 years.
Given how they appear in the previous paragraph, which of the statements shown are
considered population characteristics and which are considered sample statistics?
Underline population characteristics in yellow, and circle sample statistics in green