Parameter: A numerical value summarizing all the data of an entire population, for instance, a population mean. Statistic: A numerical value summarizing the sample data, for instance, a sample mean. Two areas of statistics: Descriptive Statistics: collection, presentation, and description of sample data.
Answers & Comments
Answer:
PARAMETER
Step-by-step explanation:
Parameter: A numerical value summarizing all the data of an entire population, for instance, a population mean. Statistic: A numerical value summarizing the sample data, for instance, a sample mean. Two areas of statistics: Descriptive Statistics: collection, presentation, and description of sample data.