Statistics as a numerical fact is a piece of numerical information, also known as data, used to describe an event, occurrence or phenomena. Statistics as a discipline uses statistics or numerical pieces of information to solve problems in the everyday world and in academics. Those who work with statistics as a discipline are called statisticians.
Continue ReadingThe discipline of statistics covers several areas of science and industries, including the environment, health and epidemiology, computer science and astronomy. Statisticians may also work in education, engineering and in other non-science sectors such as business. Work is done primarily in an office setting, but they may also travel to sites to collect data to analyze later.
Statisticians may work for government or in the private sector. Statistician positions generally require a graduate degree in mathematics or statistics, but some jobs may only require a bachelor's degree. Statisticians present their data through several graphs and plots such as pie or chart graphs, bar graphs and stem and leaf plots.
Statistics may be descriptive or inferential. Descriptive statistics describe features of the population or sample being studied and includes measurements such as mean, median and mode. Inferential statistics involve inferring something about the population studied. This process is done through hypothesis testing.
Learn more about StatisticsThe box-and-whisker plot is a technique in statistics that graphically shows the distribution of a set of data involving the minimum and maximum values, as well as the first, second and third quartiles. The plot is typically drawn using a number line.
Full Answer >Statistics are a methodology necessary in the field of statistics and are used to collect, analyze and evaluate data. Economics depends heavily on the use of statistics.
Full Answer >The purpose of statistics is to allow sets of data to be compared so that analysts can look for meaningful trends and changes. Analysts review the data so that they can reach conclusions regarding its meaning. Statistics allow people to see how things are or are not correlated and how a change in one variable might affect another.
Full Answer >Statisticians use inferential statistics to reach conclusions that extend beyond the specific data studied, such as when using sample data to determine how a larger population might behave or respond to a specific stimulus. Inferential statistics can also compare the average performance between two groups, often through a device called the t-test.
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