A statistical measure is a numerical value that represents some characteristic of a dataset. Synonyms for this term include statistical parameter, metric, indicator, index, gauge, and measurement. Each of these phrases refers to a method of quantifying data and understanding its significance. A statistical parameter is a value that summarizes a population. Metrics are tools for measuring performance or evaluating processes, such as key performance indicators (KPIs). An index is a composite value that summarizes multiple variables, while a gauge is a tool for measuring certain physical quantities. Finally, a measurement indicates the size or amount of a particular characteristic. By understanding these synonyms, researchers, analysts, and statisticians can more accurately and comprehensively evaluate data and communicate their findings.