Scale Parameter

In probability theory and statistics, a scale parameter is a special kind of numerical parameter of a parametric family of probability distributions. The larger the scale parameter, the more spread out the distribution.

Read more about Scale Parameter:  Definition, Rate Parameter, Examples, Estimation

Famous quotes containing the word scale:

    ‘Tis very certain that each man carries in his eye the exact indication of his rank in the immense scale of men, and we are always learning to read it. A complete man should need no auxiliaries to his personal presence.
    Ralph Waldo Emerson (1803–1882)