A distribution of a companys profits to its shareholders is known as _______ . (20-1)

STP 231 lecture covering 1.3 I.) Sample vs. Population, Descriptive vs. Inferential statistics A.) Population: Collection of all the individuals who are in consideration for the study. Denoted by the variable N. B.) Sample: Part of the population that is sampled and the experiment is ran on them. Denoted by the variable n. C.) Example: Concussions are a rising issue in the NFL. In order to study the effect concussions have on cognitive ability 100 football players were randomly selected. i. The population would be the all of the players in the national football league. While the sample would, be the 100 football players used in the study. D.) Descriptive statistics: It is a method for summarizing data that only uses given information no predictions are made, it basically lists information given, it lists facts. E.) Inferential statistics: It is a method for summarizing data that makes predictions about a population. i. example: A study was conducted on students in order to see how TV affected their grades. They only recorded the results. - Descriptive statistics ii. Example: Based off last year’s grades you predict that you will do the same if not better next year. - Infe