What is the difference between statistics and parameters?

1.Parameter is a descriptive measure of the population while Statistic is a descriptive measure of a sample. 2.Parameter is a fixed and unknown numerical value while Statistic is a...

dear student have a glance on this table it will help you definately

when we calculate mean, standard deviation on the basis of population, it is called parameter. when we extract a sample from that population and calculate mean, standard deviation ...

the difference between two is basically whether we are looking at the sample or population. If we are dealing with sample and calculate its various constants like mean, standard de...

Simply, the mean of sample is called statistics while the mean of population is called parameters.

simply means statistics describe the sample whereas parameter describes entire population

A parameter is a unknown numerical value and its fixed whwras statistics is a known numerical value and it depends on portion of population

Simply, mean of sample is called statics while the mean of population is called parameters.