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Q: What are three reasons that samples are used in statistics?
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Three reasons why samples are used in statistics?

There are a few reasons why samples are used in statistics. One reason is that the whole population cannot be used and a sample is a good representation of the whole.


How can descriptive statistics be used to understand a samples characteristics?

Will a sample descriptive statistics accurately estimate the underlying population's parameters?


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


What are the three items used to identify the population in statistics?

death rate, birth rate and present population rate


What are the information used in statistics?

information can be used in statistics is known as ( 3 letters)


That term is used for a player who leads the league in these three statistics - batting average RBIs and home runs?

triple crown


Are inferential statistics different from descriptive statistics?

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.


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.


How are statistics used in the workplace?

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 in statistics?

properties of mode as used in statistics


How the role of statistics is used in research?

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?

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