Contents

### Main Difference

Mathematics seems like a subject that a person either understands or the person does not know. But still, in our daily lives, several terms related to the subject get used that keeping away from them isn’t possible. The two of these have the key difference as follows. The term statistic gets used for the data or information that base itself on the study done on large groups of the calculations done after experimentation. On the other hand, the term parameter gets defined as the data or other information that helps in measuring something by becoming a system or set of standards for operation.

### Comparison Chart

Basis of Distinction | Statistic | Parameter |

Definition | The data or information that base itself on the study done on large groups of the calculations done after experimentation. | The data or other information that helps in measuring something by becoming a system or set of standards for operation. |

Nature | Values will hold true in all cases. | Values become true when compared with it. |

Origin | German term statistisch (18^{th} century). | Greek language words called para that meant besides and metron that ways to measure (17^{th} century) |

Relation | Values that we get after comparing with a parameter. | Value around which other statistics become visible. |

### Statistic

The term statistic gets used for the data or information that base itself on the study done on large groups of the calculations done after experimentation. One important thing to know about it stays that everything that falls under the category of statistic will hold true in all cases. Since proper instruments get used to ensure the data obtaining activity, everyone analyses the actions with the information they have and then end up with some conclusion that becomes a statistic. The word originated from the German term statistisch and entered the English language later in the 18^{th} century just as the current formation. Some of the most important ones get published every year in the manuals and projects conducted by the scientists and engineers. One way of explaining the word is to show the example of its usage. “A list of the numerous statistical and other official publications issued at Bucharest in Rumanian or French is given yearly in Annual statistic al Romdniei.” It falls in the mathematics category and becomes a branch that deals with the collections, separation, analysis and understanding of the data that becomes obtained from numbers. Such data may be too large for ordinary people to understand but when it comes to mathematicians who have the ability to interpret ideas that are complicated such information helps a lot towards ensuring the right answers become available for everyone to understand.

### Parameter

The term parameter gets defined as the data or other information that helps in measuring something by becoming a system or set of standards for operation. In mathematics, the definition gets broader and becomes the quantity with a value that gets selected for particular circumstances according to which other elements get defined. Many other definitions of this term also exist, but the main ones have explained above. The name originated from the Greek language words called para that meant besides and metron that ways to measure. From passing through new Latin, it reached the current state as a parameter in the mid-17^{th} century. A better way that shows the meaning even clearer becomes using it in a sentence. “It is to be noticed that the parameter c of the cylindroid is unaltered if the two pitches h, equal amounts increase k; the only change is that the same amount increases all the pitches.” When we relate the statistic and parameter, the first term becomes the answers we get after setting a standard, and the latter one becomes the actual standard on which stats become based. When we talk about geometry, the term becomes the curve that defines a complete function. The circle of radius one will have a parameter if we find the sine and cosine angles. Some people confuse it with probability, but that does not seem the case as both terms are very different from each other both in the way they become useful and their actual meaning.

### Key Differences

- The term statistic gets used for the data or information that base itself on the study done on large groups of the calculations done after experimentation. On the other hand, the term parameter gets defined as the data or other information that helps in measuring something by becoming a system or set of standards for operation.
- Everything that falls under the category of statistic will hold true in all cases whereas everything that falls under the category of the parameter will hold true for all the statistics.
- The word Statistic originated from the German term statistisch and entered the English language later in the 18
^{th}century. Whereas, the name parameter originated from the Greek language words called para that meant besides and metron that means ways to measure and entered English in the 17^{th}century. - Sentence example of parameter goes as; “Any line parallel to the axis is a diameter, and the parameter of any width is measured by the focal chord drawn FIG.” On the other hand, sentence example of statistic goes as; “Remember that statistic from earlier in this chapter, counting some 1.5 million 501(c) charities in the United States?”
- A parameter becomes a standard that describes everything included within the segment whereas a statistic becomes a small part of the segment that agrees with the setting.