What is the difference between the sample mean and the

Braden Hatfield

Braden Hatfield

Answered question

2022-04-19

What is the difference between the sample mean and the population mean?

Answer & Explanation

enchantsyseq

enchantsyseq

Beginner2022-04-20Added 19 answers

Explanation:
Parameters are fixed, but usually unknown, numbers that describe a population.
In an abstract sense, statistics are really (random) variables. Their values vary as different random samples are taken. Once we take a random sample and compute a statistic, we say that we have "observed a value" of the statistic.
Statistics have sampling distributions which describe, in a probabilistic way, how their observed values vary over many many random samples of the same size from the same population.

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