As mentioned that's NOT a figure
Plus that Statler plush toy was made as a prize in something like those claw grab games, meaning it's possible to win one for only buck, so of course the toy company, maybe Nanco, that made it isn't going to go all out to make it look really good, just passable. Sure every now and than they've actually made GREAT plush toys with GREAT likeness (I've actually won a fairly decent plush toys of Kermit the frog and Knuckles from Sonic the Hedgehog), but since these are again usually given out as prizes, don't except a whole lot.
I know this cause I've spent a whole lot of money on those games (as you might have guess) and I'm pretty sure I've won this one, though I sold it on eBay as well, along with a whole gang of Disney owned characters. I swear, if I kept every plush toy I won over the years, they would take up my entire house. For a little while I did sort of "horde" them, now most are either sold on eBay, donated to Goodwill or given to a child. And yes, they were usually pretty bad quality, for that one pretty decent Kermit plush I won, I probably won at least ten other Kermits that look hideous. But again since these aren't plush toys that were meant to be sold directly and were just meant to be won as prizes, what do you expect?