Examlex
If Joe sued Sam for wrongful dismissal and it was established that Joe was not given the proper notice that he was entitled to, what factors would the courts take into consideration in assessing the damages he's awarded?
Parameter
A numerical characteristic that describes a statistical population, such as a mean or standard deviation.
Statistic
A single measure, calculated from a sample, used to estimate the value of a population parameter.
Population
The entire group of individuals or instances about whom the study is concerned or from which a statistical sample is drawn for analysis.
Sample
A subset of a population used in statistical analysis to estimate characteristics or outcomes of the entire population.
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