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Chapter 6 Introduction to Sampling
Weβre going to talk about different ways to sample from a population, but before we do that it might be helpful to review a few terms we learned earlier in the course:
A
population represents all possible subjects of interest.
A
parameter is a value that describes a characteristic of a population.
A
sample is a subset of a population
A
statistic is a value calculated from a sample and it estimates the value of a parameter.