Population parameters

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A number representing a property of a population.

Common examples are the population mean, µ, the population proportion, π, and the population standard deviation, σ.

Population parameters, although fixed, are usually not known and are estimated by a statistic calculated from a random sample taken from the population. For example, a sample mean is an estimate of the population mean.

Curriculum achievement objectives references
Statistical investigation: Levels 7, (8)