Final answer:
Statistics involves analyzing data to draw conclusions with confidence. A population is the entire group studied, while a sample is a subset of the population. Parameters represent the whole population, while statistics estimate parameters using sample data.
Explanation:
Statistics is the science of collecting, organizing, summarizing, and analyzing information to draw conclusions and answer questions. It involves providing a measure of confidence in any conclusions drawn. A population refers to the entire group being studied, while a sample is a subset of the population being studied. A parameter represents a characteristic of the entire population, while a statistic is a quantity computed from a sample to estimate the population parameter.
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