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Earn +20 ptsQ: Three reasons why samples are used in statistics?
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What are three reasons that samples are used in statistics?
5
Why is finding mean median and mode necessary?
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
Are statistics used in financial Formulas?
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 in statistics?
properties of mode as used in statistics
What are the applications of statistics in education?
There are many applications of statistics in education. Statistics are used to better prepare students for the real world and testing for example.
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