The average weight of those questioned which is 157 lb. from the survey of 40 randomly selected member of a health and fitness club is an example of a statistic.
It is a calculated numerical value that characterises some aspects of a sample set of data.
Statistic refers to a numerical piece of information that uses quantified models, representations and synopses for a given set of a study. Statistic is used to to estimate the true value of a parameter in a population.
