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Definition of Sample statistic

Sample statistic Definition from Business & Finance Dictionaries & Glossaries
Sean_Woo's Finance,GIS & Real Estate Glossary
a summary numerical measure like the mean, range, or standard deviation calculated for a sample data set is called a sample statistic, or simply a statistic
Note: as opposed to parameter
eg: the average age, age range can be seen as the statistics or parameters.
Sample statistic Definition from Encyclopedia Dictionaries & Glossaries
English Wikipedia - The Free Encyclopedia
A statistic (singular) is a single measure of some attribute of a sample (e.g., its arithmetic mean value). It is calculated by applying a function (statistical algorithm) to the values of the items of the sample, which are known together as a set of data.

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