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Define: Population, sample, parameter, statistic, inference

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In your own words, define and give an example of each of the following statistical terms.
a) Population
b) Sample
c) Parameter
d) Statistic
e) Statistical inference

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Solution Summary

The solution is comprised of detailed definitions/explanations of the given statistical terms supported with examples. The included terms being discussed are: population, sample, parameter, statistic, and statistical inference.

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a. Population: Population is the complete set of individuals, groups, objects, or events of interest in a study.
b. Sample: A sample is a subset of the population selected in a study.
For example, we may be interested in the average mathematics achievement of 8th graders in a state. Let us assume that to examine the mathematics ...

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