The population parameters below describe the full-time equivalent number of students (FTES) each year at Lake Tahoe Community College from 1976–1977 through 2004–2005.   μ = 1000 FTES median = 1,014 FTES σ = 474 FTES first quartile = 528.5 FTES third quartile = 1,447.5 FTES n = 29 years 75% of all years have an FTES are at above:

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.