TERMS USED IN
STATISTICS
POPULATION
Totality of the
observations.
Complete set of all
possible
observations
SAMPLE
Subset of a
population
PARAMETER
Numerical value
that describes a
characteristic of
population
Usually uses a “N”
STATISTIC
Numerical value
describing a
characteristic of a
sample
DATA
Constitutes the
information
gathered from the
elements under
investigation
CLASSIFICATIONS OF
DATA
UNIVARIATE DATA (Single
variable)
BIVARIATE DATA (Two
variables)
MULTIVIARIATE DATA (More
than two variables)
VARIABLE
A characteristic that
changes overtime
Observable
characteristic that
can be measured or
classified
TWO TYPES OF
VARIABLE
QUANTITATIVE VARIABLE
Values that assume
numerical values
QUALITATIVE VARIABLE
Values that can be categorized
according to some distinct
characteristic
Has no numerical value
CLASSIFICATION OF QUANTITATIVE
VARIABLE
Discrete Variable
 Can only assume or finite
number of values
Continuous Variable
 Can only assume or finite
number of values

Terms used in statistics july 7