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Descriptive statistics are descriptions of the main factors of a group of data or a summary of the information. These statistics give a snapshot of the information that has been gathered. This type of information is ofte... More »

www.reference.com Math Statistics

Experts use statistics to understand large and complex sets of data. Statistics are also helpful with surveys, which legislators use to affect policy. Knowing how statistics work is important for fully understanding news... More »

www.reference.com Math Statistics

According to San Jose State University, statistics helps researchers make inferences about data. Instead of just using raw data to explain observations, researchers use various statistical analyses to derive predictions ... More »

www.reference.com Math Statistics
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A term used in statistics, a percentile is a data point below which a given percentage of observations in a group falls. For example, a 20th-percentile label on a score of 1340 on the Scholastic Aptitude Test means then ... More »

www.reference.com Math Statistics

Parametric statistics makes it easier to analyze and describe data with central tendencies and data transformations, according to University of Leicester. The use of parametric statistics versus nonparametric statistics ... More »

www.reference.com Math Statistics

Experts use statistics to understand large and complex sets of data. Statistics are also helpful with surveys, which legislators use to affect policy. Knowing how statistics work is important for fully understanding news... More »

www.reference.com Math Statistics

Descriptive statistics are statistics that describe the central tendency of the data, such as mean, median and mode averages. Variance in data, also known as a dispersion of the set of values, is another example of a des... More »

www.reference.com Math Statistics