Acompany is trying to determine if they should accept a shipment of toy parts. the shipment has over 1 million parts. they decided to randomly select 100 parts out of the shipment. they will only accept the shipment if 1% or less of all of the parts are defective. out of the 100 selected, 4% are defective. identify the numbers "1%" and "4%" as either statistics or parameters.4% is a statistic and 1% is a parameterboth numbers are parameters. both numbers are statistics.4% is a parameter and 1% is a statistic

4% is a parameter and 1% is a statistic

Step-by-step explanation:

Given that a company is trying to determine if they should accept a shipment of toy parts.

The shipment has over 1 million parts. Hence as a whole the parts in the shipment is population.  1% or less defective pertain to the population hence this is a parameter.

But sample of 100 is taken and defective are 4%.  This 4% is characteristic of a sample and hence this is a statistic

Option d is right

4% is a parameter and 1% is a statistic

company a

step-by-step explanation:

using the linear regression models , it is found that company a   pays about $14 more. but using the same regression (linear) company b pays about $10 more.

so company a pays more than b

where is the option given