00:01
Whenever you perform a study, you're interested in six basic areas.
00:06
So we are going to define six key terms in this problem.
00:10
And we're going to define population, sample, parameter, statistic, variable, and data.
00:41
And we're going to define them in the context of this situation.
00:47
Political pollsters may be interested in the proportion of things.
00:51
People who will vote for a particular cause.
00:55
So when it comes time to define the population, we are interested in the information about all voters.
01:07
So population is just the subjects of interest.
01:12
The sample is going to be randomly selected voters, because oftentimes it's difficult to get information about an entire population.
01:31
So we take a sample.
01:32
So we take a subset of that population and gather data from them to predict about that population.
01:39
Now, the parameter is directly tied back to the population.
01:45
And the parameter is going to be the information that we gathered about the parameter...