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What is the difference between statistics and parameters?
what is the difference between statistics and parameters?
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Ronak kumari upadhyay
dear student have a glance on this table it will help you definately
![cropped8250779857109847415.jpg]()
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Payal
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 and other things, it is called statistics. and from the statistics calculation we infer the information about population.
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Tanveer ahmad khan
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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 deviation, variance etc. these are called statistics and when we calculate the same for population,, they are called parameters. Usually in statistical problems, population is unknown and we have to make predictions about population parameters based on sample information. there we calculate sample statistics and under certain conditions draw inferences about population parameters based on sample statistics.
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Md rakibur rahman
Simply, the mean of sample is called statistics while the mean of population is called parameters.
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Sapare bhavani bai
simply means statistics describe the sample whereas parameter describes entire population
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Sapare bhavani bai
A parameter is a unknown numerical value and its fixed whwras statistics is a known numerical value and it depends on portion of population
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Md rakibur rahman
Simply, mean of sample is called statics while the mean of population is called parameters.
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Archana sharma
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 variable and known numerical value based on sample of the population. 3.Parameter notations are different from sample notations for mean, standard deviation, variance, etc. 4."census" is an eg of parameter.