Parametric statistics
ID: parametric-statistics
Parametric statistics refers to a category of statistical techniques that make specific assumptions about the parameters of the population distribution from which samples are drawn. These techniques typically assume that the data follows a certain distribution, most commonly the normal distribution. Key features of parametric statistics include: 1. **Assumptions**: Parametric tests often assume that the data is normally distributed, that variances are equal across groups (homogeneity of variance), and that the observations are independent.
New to topics? Read the docs here!