What does parametric statistic mean?
Definitions for parametric statistic
para·met·ric statis·tic
This dictionary definitions page includes all the possible meanings, example usage and translations of the word parametric statistic.
Princeton's WordNet
parametric statisticnoun
any statistic computed by procedures that assume the data were drawn from a particular distribution
Wikipedia
parametric statistic
Parametric statistics is a branch of statistics which assumes that sample data comes from a population that can be adequately modeled by a probability distribution that has a fixed set of parameters. Conversely a non-parametric model does not assume an explicit (finite-parametric) mathematical form for the distribution when modeling the data. However, it may make some assumptions about that distribution, such as continuity or symmetry. Most well-known statistical methods are parametric. Regarding nonparametric (and semiparametric) models, Sir David Cox has said, "These typically involve fewer assumptions of structure and distributional form but usually contain strong assumptions about independencies".
ChatGPT
parametric statistic
A parametric statistic is a type of statistical analysis that assumes certain characteristics or parameters about the underlying data set, such as distribution, scale measurement and population homogeneity. These assumptions typically pertain to different properties of the population, including the mean, standard deviation, or correlation. Common parametric tests include t-tests, ANOVA, and linear regression analyses.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of parametric statistic in Chaldean Numerology is: 1
Pythagorean Numerology
The numerical value of parametric statistic in Pythagorean Numerology is: 8
Translations for parametric statistic
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"parametric statistic." Definitions.net. STANDS4 LLC, 2024. Web. 16 Jun 2024. <https://www.definitions.net/definition/parametric+statistic>.
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