desc stats
summarize and describe main features of dataset
measure of central tendency, measure of variance, frequency distribution, shape of dist are all examples of
desc stats
inferential stats
goes beyond describing, make predictions about population based on data
sample average is a what
estimator
estimator
example of stats which becomes estimate when the formula is replaced with observed sample values
the number 19.4 is referred to as
point estimation
point estimation
a single value that estimates parameter