Metric vs. Statistic

Difference Between Metric and Statistic

Metricadjective

of or relating to the metric system of measurement

Statisticadjective

alternative form of statistical

Metricadjective

(music) of or relating to the meter of a piece of music.

Statisticnoun

A single item in a statistical study.

Metricadjective

of or relating to distance

Statisticnoun

A quantity calculated from the data in a sample, which characterises an important aspect in the sample (such as mean or standard deviation).

Metricnoun

A measure for something; a means of deriving a quantitative measurement or approximation for otherwise qualitative phenomena (especially used in engineering)

What metric should be used for performance evaluation?What are the most important metrics to track for your business?It's the most important single metric that quantifies the predictive performance.How to measure marketing? Use these key metrics for measuring marketing effectiveness.There is a lack of standard metrics.

Statisticnoun

A person, or personal event, reduced to being an item of statistical information.

By dying from an overdose, he became just another statistic.

Metricnoun

(mathematics) A measurement of the "distance" between two points in some metric space: it is a real-valued function d(x,y) between points x and y satisfying the following properties: (1) "non-negativity": $d(x,y) \ge 0$ , (2) "identity of indiscernibles": $d(x,y) = 0 \mbox{ iff } x=y$ , (2) "symmetry": $d(x,y) = d(y,x)$ , and (3) "triangle inequality": $d(x,y) \le d(x,z) + d(z,y)$ .

Statisticnoun

a datum that can be represented numerically

Metricnoun

(mathematics) a metric tensor

Metricnoun

abbreviation of metric system

Metricverb

To measure or analyse statistical data concerning the quality or effectiveness of a process.

We need to metric the status of software documentation.We need to metric the verification of requirements.We need to metric the system failures.The project manager is metricking the closure of the action items.Customer satisfaction was metricked by the marketing department.