That is the definition of a statistic
sampl statistics
A numerical value calculated for a sample is called a descriptive statistic.
Parameter
A parameter is a numerical measurement of a population; a statistic is a numerical measurement of a sample.
In Statistics the Five Number Summary is the sample's minimum, lower quartile, median, upper quartile and maximum.
sampl statistics
This is called a sample statistic. They are often used to give a general picture of a more specific whole.
sample statistic
A numerical value calculated for a sample is called a descriptive statistic.
Parameter
This is called a sample statistic. These statistics are often used to give a general picture of a more specific whole.
A parameter is a numerical measurement of a population; a statistic is a numerical measurement of a sample.
system request summary of a flowershop
Either.
The answer is Statistics
No. To calculate a sample standard deviation one requires the sample values. The five-number summary provides only the lowest value, the highest, the median, and the upper and lower quartiles. In any sample of size greater than five some values will be missing from the summary.
What is significant and insignificant of a numerical statistic is dependent on the sample/population ratio.