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Statistical parameter

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In statistics, as opposed to its general use in mathematics, a parameter is any measured quantity of a statistical population that summarises or describes an aspect of the population, such as a mean or a standard deviation. If a population exactly follows a known and defined distribution, for example the normal distribution, then a small set of parameters can be measured which completely describes the population, and can be considered to define a probability distribution for the purposes of extracting samples from this population.

Statistical parameter - Wikipedia Jump to content From Wikipedia, the free encyclopedia Quantity that indexes a parametrized family of probability distributions For other uses, see Parameter (disambiguation) . "True value" redirects here. For the company, see True Value . For the logical value, see Truth value . In statistics , as opposed to its general use in mathematics , a parameter is any quantity of a statistical population that summarizes or describes an aspect of the population, such as a mean or a standard deviation . If a population exactly follows a known and defined distribution, fo

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