Sample Statistics

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Revision as of 05:43, 19 March 2024 by Admin (talk | contribs) (Admin moved page Probability to Sample Statistics)

A population parameter is the value of a statistic based on population data. This is almost always not measurable. A sample statistic is the value of a statistic based on sample data. We use sample statistics to estimate population parameters.

Experiment

An experiment is a process that results in a random outcome