To measure statistics is comparatively easier than measuring parameters. A statistic is an aspect of an individual subject. Parameter Vs Statistic Definitions Differences Examples Blog Whatagraph A sample is a smaller subset that is representative of a larger population. . Parameters are not directly calculable but statistics are calculable and directly observable. Recall that a population represents every possible individual element that youre interested in measuring while a sample simply represents a portion of the population. A parameter is a numerical measurement describing data from a sample. A statistic refers to measures about the sample while a parameter refers to measures about the population. Parameter is a descriptive measure of the population and statistics is a descriptive measure of a sample. At the same time statistics involve the data that it gets from the given samples by ignoring the rest of the community...
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