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Kennwert

Kennwert is a German term that denotes a characteristic value used to describe properties of a system, object, measurement, or dataset. A Kennwert is typically a single numeric value chosen to summarize, compare, or monitor a phenomenon, capturing the most relevant feature of interest.

The term is used across disciplines, including physics, engineering, statistics, and economics. In science and engineering,

In statistics, Kennwert can refer to a statistical quantity or estimator derived from data that serves as

Relation to related terms: Kennwert is closely related to Kennzahl or Key figure, which denotes a numerical

See also: Kennzahl, Parameter, Statistik, Messgröße.

Kennwerte
describe
essential
behavior
or
properties
of
a
component
or
process,
such
as
a
material’s
response,
a
device’s
performance,
or
a
model’s
parameter.
Because
Kennwerte
are
intended
to
summarize
complex
information,
they
are
often
employed
in
reporting,
design
decisions,
and
diagnostic
contexts.
a
descriptive
or
inferential
descriptor
of
a
population
parameter.
However,
more
common
terms
in
statistics
are
Schätzer
(estimator)
or
Statistik
(statistic),
and
Kennwert
may
appear
as
a
synonym
in
some
texts,
depending
on
the
author’s
choice
of
terminology.
indicator
used
for
evaluation,
performance
tracking,
or
decision
support.
The
distinction
is
that
a
Kennwert
emphasizes
the
descriptive
characteristic,
while
Kennzahl
emphasizes
practical
or
managerial
use.