Written by the Fiveable Content Team • Last updated September 2025
Verified for the 2026 exam
Verified for the 2026 exam•Written by the Fiveable Content Team • Last updated September 2025
Definition
A statistical concept refers to a mathematical principle or technique used to analyze and interpret data in order to make conclusions about a population.
Related terms
Sample size: The number of individuals or observations included in a sample.
Standard deviation: A measure of how spread out the values in a dataset are around the mean.
Correlation coefficient: A statistic that measures the strength and direction of the relationship between two variables.