statistic

  

Definition

Single quantity contained in or computed from a set of data. Unlike a parameter (a characteristic of a population) a statistic is a characteristic or measure of a sample. See also statistics.

Use statistic in a sentence

  • Some products can be viewed like a statistic to get a good mathematical idea of what sort of profit they can bring.

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  • statisticians can use a statistic to determine much data and predictions about many different subjects such as the weather and stocks.

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  • When you are trying to decide how to proceed in your business the use of a statistic may give you the right ideas.

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