Define Important Statistical Terms,including Population,sample,and Parameter,as They Relate to Descriptive

question 31

Essay

Define important statistical terms,including population,sample,and parameter,as they relate to descriptive and inferential statistics.

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Definitions:

Information Technology

The use of computers, storage, networking, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.

Buying Queries

Questions or inquiries made by potential customers before making a purchase decision.

Data Warehouse

A centralized repository for storing, managing, and retrieving large volumes of data from different sources for analysis and reporting.

Internal Data Sources

Information collected from within an organization, used for decision making and strategic planning, such as sales records or financial data.