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In Inferential Statistics…
We call the population measure (in these examples, either the mean or the
effect of X on Y) the “parameter”, and the sample measure the “parameter
estimate”.
Introduction
What is a model?
We may also want to take a sample and estimate the effect of one
variable (or a set of variables) on another. In this case, we are
generally using inferential statistics (but contemplate the difference
between a population and a sample, and the meaning of “inference”)
Introduction