Statistics are applied to payroll in many different ways. The determination of the unemployment rate is found by applying payroll statistics. Without applying statistics to payroll the unemployment rate would not be found.
Statistical analysis is important in many branches of science. When understood and correctly applied, statistics can help us decide whether or not the results of a research project support the initial claim of the researchers.
A statistic (as a numerical fact) is a value taken from a sample of a population. For example a summary of a political poll would produce many numerical statistics. Statistics as a discipline involves creating and carrying out sampling designs, knowing how to analyze data, creating mathematical models for different processes, predicting future results, and optimizing systems. That is why statistics can by applied to any other field of study, any time you have to research, prove, or improve something the discipline of statistics is very valuable.
The two main branches of statistics is Descriptive statistics and inferential statistics.
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Because statistics is included in the study of mathematics.
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Social statistics is the use of statistics applied to people and their behaviors, habits, and opinions. The most common way to acquire social statistics is through polls and surveys.
In business mathematics are applied in various instances. To start, Accounting, which provides basic needs of profit, payroll, and logistics. Secondly, engineering and statistics. They aid in providing company with a dissected approach to information.
I'm not sure how statistics is applied to the job, but I was researching for a math project, and statistics is used.
The nature of statistics is such that it gives logical methods of understanding data. Statistics are practically applied in all sectors.
You can apply statistics when examining efficiency, performance, or making prediction. This certainly has application within IT.
Statistics as a science can be divided into two main classes, namely, statistical methods and applied statistics.
I. M. Chakravarti has written: 'Handbook of methods of applied statistics' -- subject(s): Mathematical statistics
Statistics (and Probability) would generally come under pure maths.
Statistics is applied in business in a number of ways. Some of these applications include: financial analysis, auditing, planning and econometrics.
Margaret Lewis has written: 'Applied statistics for economists' -- subject(s): Statistical models, Statistics, Economics