First decide what you want. The economy encompasses employment and unemployment, incomes and wealth, output and sales, international trade, investment, company formation etc. Within each one of these broad topics there are many hundreds (or thousands) of sets of data. Some of these may be relevant to the question at hand while others will not.
Most countries have a National Statistical Office or an Government Economic Department that will collect and publish data on their economy. Additionally, international and pan-national bodies like the United Nations, World Bank, International Monetary Fund (IMF), Oragnisation for Economic Cooperationand Development (OECD), Eurostat also collate and publish figures for member states. Most of these data are available over the internet.
Statistic is singular; statistics is plural. Statistic is a single data point. Statistics is the study of collections of related data points.
It is the simplest statistic that gives an indication of the spread of the data.It is the simplest statistic that gives an indication of the spread of the data.It is the simplest statistic that gives an indication of the spread of the data.It is the simplest statistic that gives an indication of the spread of the data.
The reliability of Statistic Brain data in providing accurate and trustworthy statistics varies. It is important to verify the sources and methodology used by Statistic Brain to ensure the credibility of the data.
The population data may be skewed and thus the mean is not a valid statistic. If mean > median, the data will be skewed to the right. If median > mean, the data is skewed to the left.
A number that describes numerical data is a Statistic.
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Statistics are values that give information about a group. For example, 60% of teens in the US graduate high school is a statistic because it gives a number, 60%, to tell information about a group of people, teenagers. (This statistic was made up for an example). Data is the information collected to formulate that statistic. Using the previous example, the data would be the numbers recorded of teens that graduate throughout the US to come up with 60%. Data develops a statistic, and a statistic provides information about a specific topic.
The variance.
A test statistic is used to test whether a hypothesis that you have about the underlying distribution of your data is correct or not. The test statistic could be the mean, the variance, the maximum or anything else derived from the observed data. When you know the distribution of the test statistic (under the hypothesis that you want to test) you can find out how probable it was that your test statistic had the value it did have. If this probability is very small, then you reject the hypothesis. The test statistic should be chosen so that under one hypothesis it has one outcome and under the is a summary measure based on the data. It could be the mean, the maximum, the variance or any other statistic. You use a test statistic when you are testing between two hypothesis and the test statistic is one You might think of the test statistic as a single number that summarizes the sample data. Some common test statistics are z-score and t-scores.
A DBMS delivers economy of scale because it is optimized for processing large amounts of data.
The definition of statistics is the science of conducting studies to collect, organize, summarize, analyze and draw conclusions from data.
statistics