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Estimating Population Parameters A parameter is any numerical characteristic of a population. Eg. Population proportion, population mean, population standard deviation A statistic is a numerical characteristic calculated from a sample Eg. Sample proportion, sample mean, sample standard deviation Symbols for some of the common characteristics Characteristic Sample statistic symbol Mean x Proportion p Standard deviation s Population parameter symbol “mu” “pi” “sigma” Copy the following, filling in the correct words from the list below data When organisations require………….they either use data collected by somebody else (secondary data), or collect it themselves (primary data). sampling that is collecting data from a This is usually done by …………, …………….. sample of the …………… representative population they are interested in. If it is of any use, the sample must represent the whole population we are interested in and not be ………… biased in any way. The point of collecting data is to deduce information about the entire population, this is called making …………. inferences Sampling inferences data Population representative biased