Parameter vs. Statistic 5 Key Differences, Pros & Cons, Examples Difference 101
Parameter Vs Statistic. 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.
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.
They are both descriptions of groups, like “50% of dog owners prefer x brand dog. Web a statistic and a parameter are very similar. They are both descriptions of groups, like “50% of dog owners prefer x brand dog. Web a parameter is a fixed and unknown value that represents the entire population, while a statistic is a variable.
