1.1. (a) A parameter is a numerical characteristic of a population, while a statistic is a numerical characteristic of a sample. (b) A population is the entire group of individuals or items that one is interested in understanding or describing, while a sample is a subset of the population that is actually observed or measured.
1.1. (a) A parameter is a numerical characteristic of a population, while a statistic is a numerical characteristic of a sample. (b) A population is the entire group of individuals or items that one is interested in understanding or describing, while a sample is a subset of the population that is actually observed or measured.