If you have thought that parameter and statistic are the same, it is wrong. They are both portraying any of specific gatherings, as half of property holders lean toward a particular brand. The contrast between a statistic and a parameter is that a statistic depict an example. A parameter portrays a whole populace. Parameter doesn't have any kind of distribution where statistic has sample distribution regarding [https://sports-passion.net/difference-between-parameter-and-statistic/ difference between parameter and statistic].