5
They help to analyse data samples and therefore compare statistics. Normally all three methods are used as they all contain weaknesses. However the mean is usually the normal statistic used after anomalous results have been removed
Yes, statistics are used in financial formulas if they are available. The integrity and accuracy of the statistics determine if they are chosen to be used in the first place.
properties of mode as used in statistics
There are many applications of statistics in education. Statistics are used to better prepare students for the real world and testing for example.
5
Will a sample descriptive statistics accurately estimate the underlying population's parameters?
They help to analyse data samples and therefore compare statistics. Normally all three methods are used as they all contain weaknesses. However the mean is usually the normal statistic used after anomalous results have been removed
death rate, birth rate and present population rate
information can be used in statistics is known as ( 3 letters)
triple crown
Which one of the following is true about statistics? A) Inferential statistics deals with collecting, summarizing, and simplifying data about given population B) Descriptive statistics is also known as inductive statistics C) Descriptive statistics goes beyond describing a given problem situation by means of collecting, summarizing and meaningfully presenting the related data D) Descriptive statistics is one which describes the population. On the other hand, inferential statistics issued to make the generalization about the population based on the samples.
Yes, statistics are used in financial formulas if they are available. The integrity and accuracy of the statistics determine if they are chosen to be used in the first place.
Statistics are used in the workplace to explain money and buying trends for example. Statistics say what people will spend and when for example.
properties of mode as used in statistics
Statistics is used to design the experiment (what type of data needs to be obtained and how much), then statistics is used to analyze the data (make inferences and draw conclusions).
how is data collected and used for the purpose of national statistics