What are sample statistics vs population parameters?

In statistics, population parameters are characteristics that describe a population (such as mean, standard deviation, and variance). They are calculated using the data from every member of the group you want to learn about, so they provide a completely accurate description of that population.

Sample statistics, on the other hand, are calculated from a sample (a subset of the population). Sample statistics provide an estimate of population parameters, but because they do not include data from every member of the population, they may be biased or inaccurate.