the value that is supposed to exist.
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A sample is a subcollection of members selected from a population. (Ref Triola, Elementary Statistics). A sample may be real or hypothetical. Real- Ten patients at the hospital were interviewed about the care they received. Hypothetical- Repeatedly drawing n independent, and identical values X1, X2... Xn from a normal distribution to form a random sample, the mean of this sample should conform to a normal distribution, if the sample size is greater than 30.
what are the classification of variables
the mean is important in statistics because you will find out your average and can compare that mean to other things..
Nearly all the values in a sample from a normal population will lie within three standard deviations of the mean. Please see the link.
Parameter is any attribute Statistic are the measured values of a parameter. A statistic is a sample value such as the average height of a group of students. A parameter is a functional constant such as the mean of a normal distribution. Statistics are often used to estimate parameters. For instance, a sample average is an estimate of the mean.