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Individuals
objects we collect data on
Variables
characteristics being measured
Quantitative variables
numerical values with magnitudes that can be placed in a meaningful order, ex. number of siblings
Categorical variables
names or labels that can be with/without a logical order, ex. favorite color
Statistical method
how data is collected
summarizing data
making decisions from data
Population
overarching set of all individuals we want to study, ex. all MLB players
Sample
subset of population we gather data from in order to make inferences about a population, ex. 70 randomly selected MLB players
Subject
individual in a sample, ex. each MLB player in a sample
Parameter
numerical value that summarizes population data, ex. mean, median, range, etc.
Statistic
numerical value that summarizes sample value
Parameter is typically _____
unknown
If we have data, we can calculate the _______
statistic
Sample ________ are estimations from population _________.
Statstics; parameters
µ
population mean (parameter)
x̄
sample mean (statistics)
p
population proportion (parameter)
p̂
sample proportion (statistic)
Proportion
way to express percentage or fraction; can be equivalently expressed as a percentage, decimal, or fraction; between 0-1
Variation
repeating the same process may yield different results each time
Sampling variability
different samples from the same population typically produce statistic that vary slightly