Determine whether the given value is a statistic or a parameter. In a study of all 1580 seniors at a college comma it is found that 40 % own a television. Choose the correct statement below. Parameter because the value is a numerical measurement describing a characteristic of a population. Statistic because the value is a numerical measurement describing a characteristic of a population. Statistic because the value is a numerical measurement describing a characteristic of a sample. Parameter because the value is a numerical measurement describing a characteristic of a sample.