Examlex
A trade promotion is a physical product sent as part of a promotional deal.
Parameter
A measurable attribute that defines or limits the characteristics of a population or a statistical model.
Population
The entire group of individuals or instances about whom we seek to make conclusions.
Statistic
A numerical measurement describing some characteristic of a sample, used to estimate the population parameter.
Sample
A smaller group chosen from the larger population for the purpose of gathering statistical data through measurements, observations, or inquiries.
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