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Population
Every member of a group
Sample
A subset of the population
What is used to estimate Parameters?
A Statistic
Variable
Denoted by Capital Letters(X). Characteristic/Measurement that can be determined for each member of the population.
X
The height of the student in MATH 1401 D
x
[4ft,7ft]
Numerical Variable(Height)/Quantitative
Take on values with equal units
Categorical(Eye color)/Qualitative
Places person or thing into category
Data
Actual values of variable can be numbers or words. 1 Data point called Datum
Statistic
S number that represents a property of a sample.