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What is the goal and purpose of statistics?

what is the goal of statistics


What is the purpose of a credit rating?

The purpose of a credit rating is to determine a person's creditworthiness.


How is data collected and used for the purpose of national statistics?

how is data collected and used for the purpose of national statistics


What does - mean in ice hockey statistics?

The minus sign in hockey means that a player was on the ice when a goal was scored against his/her team. Golies do not receive a +/- rating.


What is the purpose of statistics?

"The purpose of this statistics site is for entertainment. People can display their own things, it does not have to be about this particular entity, about anything that they think might be interesting."


What is the main purpose of descriptive statistics?

Descriptive statistics is the branch of statistics concerned with the collection, organization, summation and presentation of data.


What is the purpose of google statistics?

"The purpose of this statistics site is for entertainment. People can display their own things, it does not have to be about this particular entity, about anything that they think might be interesting."


What is the key purpose of credit rating agencies?

The key purpose of credit rating agencies is to assign a rating to businesses and entities that issue certain types of debt. These rating help to determine the credit worthiness of these establishments.


What purpose does a basketball reference serve?

A basketball reference serves the purpose of comparing basketball statistics. It is useful as a database that can be used for looking up a variety of statistics.


What does Sx2 mean in statistics?

In statistics, this is the symbol for the "Variance"


What are the purpose of inquire in statistics?

The purpose of inquire in statistics is to collect information which is later processed to acquire data. Without this information it would be very difficult to compile accurate data.


What are the importance of the mean in statistics?

the mean is important in statistics because you will find out your average and can compare that mean to other things..