Summary Statistics: A Manual for Data Analysis - Couverture souple

Hasan, Dr. M. K.

Couverture souple

ISBN 10 : 3659927635 ISBN 13 : 9783659927638

Editeur : LAP LAMBERT Academic Publishing, 2024

Synopsis

Statistics is used to conduct research, evaluate outcomes, develop critical thinking and make informed decisions about a set of data. The main purpose of statistics seeks to provide an analysis of quantitative data. The principles of statistics also provide guidelines for conducting surveys. Statisticians know how to gather information while avoiding bias and using a random sample. There are a variety of benefits of studying statistics. It improves ability to identify and communicate patterns and outcomes. Learning statistics also incorporates the use of probability. Businesses and individuals can use statistics to calculate the probability of their desired outcome and evaluate whether the probable benefits outweigh the cost. This cost-benefit analysis can improve decision-making and reduce losses. Statistical inference is a calculation that uses data analysis to infer the root causes, effects and properties of a correlation or statistical trend. Statistical models can offer more accurate projections of sales, results and returns. Statistics focuses on a cause-and-effect relationship between variables.

Détails de l'édition

• Éditeur: LAP LAMBERT Academic Publishing
• Date d'édition: 2024
• Langue: anglais
• ISBN 10: 3659927635
• ISBN 13: 9783659927638
• Reliure: Broché
• Nombre de pages: 184
• Coordonnées du fabricant: non disponible
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