Parameter vs Statistic Deciding Between Similar Terms
Parameter Vs Statistic. Web a parameter is a fixed and unknown value that represents the entire population, while a statistic is a variable. They are both descriptions of groups, like “50% of dog owners prefer x brand dog.
They are both descriptions of groups, like “50% of dog owners prefer x brand dog. Web a statistic and a parameter are very similar. Web a parameter is a fixed and unknown value that represents the entire population, while a statistic is a variable.
Web a parameter is a fixed and unknown value that represents the entire population, while a statistic is a variable. Web a statistic and a parameter are very similar. Web a parameter is a fixed and unknown value that represents the entire population, while a statistic is a variable. They are both descriptions of groups, like “50% of dog owners prefer x brand dog.
