Sample:
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Parameter:
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Definition:
The
part of the population is called sample.
Examples:
1.
A food inspector takes a sample
of the food items like milk, flour etc.
2.
To determine where they are pure
or not. Only a few drops of blood from a person are sufficient to reveal the
nature of his health.
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Definition:
“Any
numerical quantity computed from the population observation is called
parameter.
Example:
Mean
standard deviation. etc.
A
parameter is usually denoted by Greek letters e.g.
It
is important to note that the value of parameter is fixed.
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