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What is differences between a parameter and a random variable in statistics? I want clear explanation !!

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Basic Math

What is differences between a parameter and a random variable instatistics?

I want clear explanation !!

Answer & Explanation Solved by verified expert
4.5 Ratings (853 Votes)
A variable is an entity that changes with respect to another entity in a given system ie the value of it varies depending on conditions There are two main types of variables These are known as independent variables and dependent variables    See Answer
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