Parametric Methods

Parametric Methods: Statistical Techniques Based on Distribution Assumptions
Parametric methods in statistics refer to techniques that assume data follows a certain distribution, such as the normal distribution. These methods include t-tests, ANOVA, and regression analysis, which rely on parameters like mean and standard deviation.

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.