A statistic is a number that represents a property of the sample. For example, if we consider one math class to be a sample of the population of all math classes, then the average number of points earned by students in that one math class at the end of the term is an example of a statistic. The statistic is an estimate of a population parameter. A parameter is a numerical characteristic of the whole population that can be estimated by a statistic. Since we considered all math classes to be the population, then the average number of points earned per student over all the math classes is an example of a parameter.
Source & attribution
Introductory Statistics 2e — Definitions of Statistics, Probability, and Key Terms
OpenStax contributors · OpenStax, Rice University
CC BY 4.0. Text excerpted; whitespace normalised and empty cross-references removed; learning prompts added. No illustrations reproduced.
Source edition: 2024-12-16T15:08:45Z
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