(New page: A parametric model is a set of related mathematical equations in which alternative scenarios are defined by changing the assumed values of a set of fixed coefficients (parameters). In stat...) |
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Latest revision as of 01:43, 17 April 2008
A parametric model is a set of related mathematical equations in which alternative scenarios are defined by changing the assumed values of a set of fixed coefficients (parameters). In statistics, a parametric model is a parametrized family of probability distributions, one of which is presumed to describe the way a population is distributed.
