Definition of Parameter

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TeachMeFinance.com - explain Parameter



Parameter

The term 'Parameter' as it applies to the area of basic math can be defined as 'algebraic/geometric: a quantity or constant whose value varies with the circumstances of its applicationstatistical: a single number that describes some aspect of an entire population'.

The term 'Parameter' as it applies to the area of the weather can be defined as ' A subset of the group of evaluations that constitute each element of an observation'.


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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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