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On occasion, the notation = [A, θ] will be a shorthand notation for
.
The vectors and
are shown below.
Use this exhibit to answer the following question(s) .
-Which diagram below correctly represents ?
Statistic
A single measure, calculated from sample data, used to summarize a characteristic of the sample.
Parameter
A characteristic or measure that can define or summarize a particular aspect of a statistical population or model.
Estimation
The process of finding an approximate value of some parameter—such as a mean or proportion—of a population, based on random sample data.
Population Parameters
Numeric values that summarize and describe characteristics of an entire population, such as mean, variance, or proportion.
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