statistics lingo

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Population

A population, in statistics, is a discrete group of people, animals or things that can be identified by at least one common characteristic for the purposes of data collection and analysis.

Sample

A sample is a part of a population selected in such a way as to be representative of the overall population.

population

sample

Parameter

A parameter is a (numerical) description of a population characteristic.

Statistic

A statistic is a (numerical) description of a sample characteristic

Descriptive Statistics

Involves the organization, summarization and display of data.

Inferential Statistics

The science of drawing conclusions about a population based on data collected from a sample.

Probability

A basic tool in the study and application of inferential statistics.