This section contains 3,025 words (approx. 11 pages at 300 words per page) |
Statistics is a field of knowledge that enables an investigator to derive and evaluate conclusions about a population from sample data. In other words, statistics allow us to make generalizations about a large group based on what we find in a smaller group.
The field of statistics deals with gathering, selecting, and classifying data; interpreting and analyzing data; and deriving and evaluating the validity and reliability of conclusions based on data.
Strictly speaking, the term "parameter" describes a certain aspect of a population, while a "statistic" describes a certain aspect of a sample (a representative part of the population). In common usage, most people use the word "statistic" to refer to research figures and calculations, either from information based on a sample or an entire population.
Statistics means different things to different people. To a baseball fan, statistics are information about a pitcher's earned run average or a...
This section contains 3,025 words (approx. 11 pages at 300 words per page) |