Examlex
The cost of preparing a will varies from place to place.
Central Tendency
A measure that identifies the center of a data set, or where the bulk of the values lie, including mean, median, and mode.
Statistic
A statistic is a single measure, reported as a number, used to summarize a sample and to estimate the corresponding value in the larger population from which the sample was drawn.
Parameter
A parameter is a numerical characteristic of a population, such as its mean or standard deviation, as opposed to a statistic of a sample.
Central Tendency
A statistical measure that identifies a single value as representative of an entire distribution of data.
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