Statistical parameter facts for kids
A statistical parameter or population parameter is an amount put into the probability distribution of a statistic or a random variable. It can be thought of as a numbered amount of a trait of a statistical population or a statistical model.
A statistical parameter is different from its estimator in that the parameter is a fixed amount, while the value of an estimator changes according to some probability distribution. The notations 
(for the parameter) and 
(for the estimator) are often used to clarify this distinction.
Related pages
See also
In Spanish: Parámetro estadístico para niños
All content from Kiddle encyclopedia articles (including the article images and facts) can be freely used under Attribution-ShareAlike license, unless stated otherwise. Cite this article:
Statistical parameter Facts for Kids. Kiddle Encyclopedia.