A statistical question is a question that can be answered using data that may vary. Any question that may be answered by a single number or answer is not considered a statistical question.
One interesting fact is that fast food industries based in the United States earned nearly $191 billion in revenue in 2013. As one of the fast food industry's leaders, McDonald’s serves approximately 18 billion people every year.
As of 2015, 77.3 percent of the fast food industry’s eateries consist of drive-thrus and on-premises restaurants; the remainder are off-premise takeout and buffets. The most valuable fast food brand is McDonald’s, with a value of nearly $86 billion.
Accountants in various fields, including auditors, forensic accountants, controllers and risk accountants, use statistics to accomplish their professional duties. Accountants who conduct audits use samples that are statistically representative of a data base because it is almost impossible to collec
In the world of statistics, there are two categories you should know. Descriptive statistics and inferential statistics are both important. Each one serves a purpose.
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 on
A 2011 study notes that fast food consumption increased steadily in the United States from the 1970s to the time of the study. This same study examined adults in Michigan and found that their obesity rate rose steadily from 18 percent to 26 percent during the years 1995 to 2005. An additional study
Domestic waste is excess matter in the form of cardboard, yard clippings, wood and other forms of garbage. These items are usually located on property and in dwellings.
The main types of agricultural waste are biological, solid, hazardous and used oil. Each category has different regulations regarding how waste can be disposed of, so it is important for agricultural establishments to understand the different types.
While some researchers had thought that the divorce rate began to drop in 1980, improved statistical analysis shows that the Baby Boomer generation was --and remains -- more likely to divorce than the next generations. The reasons for this stem from younger people waiting to marry, notes the Washing