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Parameter of Interest?

Answer

A parameter of interest is a method that helps one evaluate data collected during measurements. Some examples of this are angles and distances and can be defined by depth panels and view panels. They are used by surveyors, architects, and planning committees to help provide a better understanding of what they have to work with when planning construction or renovations to structures or property. This is an example of parameter of interest use in statistics. It can be used when measuring other things as well.
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