statistics is used in all aspect of life. so which ever one human finds himself it is alwayz beter to give it a name examples are agricultural statistics, insurance statistics, actuarial statistics,educational statistics,financial statistics etc
IQ is normally distributed in the general population. Age is not.
Statistics is used in Business Management to tell the trend of the sale of certain goods and services. It is used to predict the various factors that affect trade.
Statistics deals with determination of enough data points to be able to predict future outcomes. A single observation is not enough to establish reality or predict the future outcome. If you flip a coin and it lands heads, is it enough to say that every time you flip a coin it will be heads? Of course not!
Varied applications. A few are: 1. Which group of customers are more valuable (profitable) to the business 2. How vary the business results are from the average 4. Predict the business future using statistics based on the assumptions
examples:man saying 60% of rain and
In school today we learned about statistics. Knowledge of statistics and probability can help one predict future events.
statistics is used in all aspect of life. so which ever one human finds himself it is alwayz beter to give it a name examples are agricultural statistics, insurance statistics, actuarial statistics,educational statistics,financial statistics etc
descriptive statistics
Statistics is included in the analyses. Examples may appear in a general discussion.
Statistics and the history of trends have an important role in signals. But some political incidents will help predict that better.
There are a few applications of statistics in technology. It can be used to determine, analyze, research, and predict items like efficiency and performance.
a sign that shows about how much costomers they have served.
IQ is normally distributed in the general population. Age is not.
Examples of descriptive statistics are mean, median, mode, and midrange.
5 examples of 4 levels of measurement in statistics
birth certificate