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Keywords:
Parameter,
Population,
Statistic,
Estimate,
Deviation
The specific value taken as the estimate of a parameter.
a number computed from a sample to represent a population parameter.
a single statistic which is considered to be the best indicator of the corresponding population parameter
Results of estimation can be expressed as a single value, known as a point estimate.
An estimate of a population parameter that is a single numerical value.
A general term for any statistic (e.g., mean, standard deviation, proportion).
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