Concept explainers
Define (a) statistic; (b) statistics.
a.
Define the term statistic.
Explanation of Solution
The term statistic defines that it is a single measurement of a group of observations. It is useful for summarizing the sample data set.
b.
Define the term statistics.
Explanation of Solution
The term statistics defines the science of collecting samples of the data that is organized in a particular format and analysed as per the requirement to interpret the results.
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