In this section, you will use the information from your sample to determine what is true about the entire population.
Vocabulary
Parameter - a number that describes some aspect of a population.
Statistic - a number that is computed from the data in a sample.
Point Estimate - an estimate of the true value of the population parameter.
Sampling Distribution - a graph showing how the samples from the same population vary.
Standard Error - the standard deviation of a sample population.
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