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total set of items that we are concerned about |
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measure that is used to summarize a population Example: The mean education level in Pittsburgh is 12.9 years. This measure is a parameter. Mean, median and standard deviation are parameters |
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Definition
measure used to summarize a sample. The mean, standard deviation and median of a sample are all statistics |
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Definition
the use of quantitative techniques to generalize from a sample to a population. Using a small subset of data to infer what all the data would look like |
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