What does parametric statistics mean?
Definitions for parametric statistics
para·met·ric sta·tis·tics
This dictionary definitions page includes all the possible meanings, example usage and translations of the word parametric statistics.
Did you actually mean parametric statistic?
Wikipedia
Parametric statistics
Parametric statistics is a branch of statistics which assumes that sample data comes from a population that follows a probability distribution based on a fixed set of parameters. Most well-known elementary statistical methods are parametric. Conversely a non-parametric model differs precisely in that the parameter set (or feature set in machine learning) is not fixed and can increase, or even decrease if new relevant information is collected.Since a parametric model relies on a fixed parameter set, it assumes more about a given population than non-parametric methods do. When the assumptions are correct, parametric methods will produce more accurate and precise estimates than non-parametric methods, i.e. have more statistical power. However, as more is assumed by parametric methods, when the assumptions are not correct they have a greater chance of failing, and for this reason are not robust statistical methods. On the other hand, parametric formulae are often simpler to write down and faster to compute. For this reason their simplicity can make up for their lack of robustness, especially if care is taken to examine diagnostic statistics.
Numerology
Chaldean Numerology
The numerical value of parametric statistics in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of parametric statistics in Pythagorean Numerology is: 9
Translation
Find a translation for the parametric statistics definition in other languages:
Select another language:
- - Select -
- 简体中文 (Chinese - Simplified)
- 繁體中文 (Chinese - Traditional)
- Español (Spanish)
- Esperanto (Esperanto)
- 日本語 (Japanese)
- Português (Portuguese)
- Deutsch (German)
- العربية (Arabic)
- Français (French)
- Русский (Russian)
- ಕನ್ನಡ (Kannada)
- 한국어 (Korean)
- עברית (Hebrew)
- Gaeilge (Irish)
- Українська (Ukrainian)
- اردو (Urdu)
- Magyar (Hungarian)
- मानक हिन्दी (Hindi)
- Indonesia (Indonesian)
- Italiano (Italian)
- தமிழ் (Tamil)
- Türkçe (Turkish)
- తెలుగు (Telugu)
- ภาษาไทย (Thai)
- Tiếng Việt (Vietnamese)
- Čeština (Czech)
- Polski (Polish)
- Bahasa Indonesia (Indonesian)
- Românește (Romanian)
- Nederlands (Dutch)
- Ελληνικά (Greek)
- Latinum (Latin)
- Svenska (Swedish)
- Dansk (Danish)
- Suomi (Finnish)
- فارسی (Persian)
- ייִדיש (Yiddish)
- հայերեն (Armenian)
- Norsk (Norwegian)
- English (English)
Word of the Day
Would you like us to send you a FREE new word definition delivered to your inbox daily?
Citation
Use the citation below to add this definition to your bibliography:
Style:MLAChicagoAPA
"parametric statistics." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/parametric+statistics>.
Discuss these parametric statistics definitions with the community:
Report Comment
We're doing our best to make sure our content is useful, accurate and safe.
If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly.
Attachment
You need to be logged in to favorite.
Log In