In: Statistics and Probability
Explain the difference between parametric Vs non parametric methods. Give examples to explain to your answer. Please provide a detailed answer.
Most ,of the statistical
tests have the following two features in common:
(I) The form of the frequency function, of the parent population
from which the samples have been drawn is assumed to be known,
and
(ii) They were concerned
with testing statistical hypothesis about the parameters of this
frequency function or estimating its parameters.
For example, almost all the exact (small) sample tests of
significance are based on the fundamental assumption that the
parent population is normal and are concerned with testing or
estimating the means and. variances of these populations. Such
tests, which deal with the parameters of the population are known
as Parametric Tests.
Thus, a parametric statistical Methods specifies certain conditions about the parameters of the population from which the samples are drawn.
For example,
There are many parametric methods available some of them are:
On the other hand, a Non-parametric (N.P.) Methods does not depend on the particular form of the basic frequency function from which the samples are drawn.
In other words, non-parametric Methods does not make any assumption regarding the form of the population.
There are many nonparametric methods are available today but some of them are –