What is a easy way to learn the definitions in statistics. For example statistics sample population data parameter variable
What is a easy way to learn the definitions in statistics. For example
statistics
sample
population
data
parameter
variable
It will be easy to learn the definitions in the following way:
Population:
Population consists of the complete subjects that are included in the study for making inferences.
Sample:
It is a subset of the population. In other words, it is a representative part of the population.
Statistic:
The statistical measure that describes the features of the sample that is taken from the population is termed as a statistic. A statistic is calculated based on sample observations.
Parameter:
The statistical measure that describes the features of the population is termed as a parameter. A parameter is calculated based on the population observations. It is value that tells something about a population and is opposite from a statistic, which tells smoothing about a small part of the population.
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