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data
observations, info collected
statistics
collecting, analyzing, summarizing, interpret and draw conclusions from data
population
complete set of all elements studied
sample
subset of population
parameter
numerical measure calculated from whole population
a statistic
numerical measure calculated from a sample
descriptive statistic
data collected summarized using tables, graphs, and numerical summary values
Inferential statistics
the results from a sample are used to get info about the population based on probability