Statistical parameter
In
A "parameter" is to a
Discussion
Parameterised distributions
Suppose that we have an
Measurement of parameters
In
Types of parameters
Parameters are given names appropriate to their roles, including the following:
Where a probability distribution has a domain over a set of objects that are themselves probability distributions, the term concentration parameter is used for quantities that index how variable the outcomes would be. Quantities such as
Examples
During an election, there may be specific percentages of voters in a country who would vote for each particular candidate – these percentages would be statistical parameters. It is impractical to ask every voter before an election occurs what their candidate preferences are, so a sample of voters will be polled, and a statistic (also called an estimator) – that is, the percentage of the sample of polled voters – will be measured instead. The statistic, along with an estimation of its accuracy (known as its sampling error), is then used to make inferences about the true statistical parameters (the percentages of all voters).
Similarly, in some forms of testing of manufactured products, rather than destructively testing all products, only a sample of products are tested. Such tests gather statistics supporting an inference that the products meet specifications.
References
- ^ Kotz, S.; et al., eds. (2006), "Parameter", Encyclopedia of Statistical Sciences, Wiley.
- ^ Everitt, B. S.; Skrondal, A. (2010), The Cambridge Dictionary of Statistics, Cambridge University Press.