What is statistics and its characteristics?
statistics, the science of collecting, analyzing, presenting, and interpreting data. Governmental needs for census data as well as information about a variety of economic activities provided much of the early impetus for the field of statistics.
Which of the following is the characteristic of statistics?
We use numerous data to draw conclusions and to compare the numerical data for all the facts given. Thus, aggregate of facts are one the characteristics of statistics. Hence, option C is also correct.
What are the functions of statistical data?
(1) Statistics helps in providing a better understanding and accurate description of nature’s phenomena. (2) Statistics helps in the proper and efficient planning of a statistical inquiry in any field of study. (3) Statistics helps in collecting appropriate quantitative data.
What are the characteristics and limitations of statistics?
Statistics deal with groups and aggregates only. (2) Statistical methods are best applicable to quantitative data. (3) Statistics cannot be applied to heterogeneous data. (4) If sufficient care is not exercised in collecting, analyzing and interpreting the data, statistical results might be misleading.
What is not a characteristic of statistics?
Statistics basically deals with the collection,processing,organizing and analysis of data in numerical form. Therefore,the subject matter of Statistics deals with numerical information or concrete numerical data and any verbal or written explanation regarding any study topic is not sufficient in Statistics.
What are the 3 types of statistics?
- Descriptive Statistics. In this type of statistics, the data is summarised through the given observations. …
- Inferential Statistics. This type of statistics is used to interpret the meaning of Descriptive statistics. …
- Statistics Example.
What are the four uses of statistics?
Statistics are used to conduct research, evaluate outcomes, develop critical thinking, and make informed decisions. Statistics can be used to inquire almost any field of study to investigate why things happen, when they occur, and whether its reoccurrence is predictable.
What is the purpose of statistics in research?
Essentially therefore, statistics is a scientific approach to analys- ing numerical data in order to enable us to maximise our interpretation, understanding and use. This means that statistics helps us turn data into information; that is, data that have been interpreted, understood and are useful to the recipient.
What do you mean statistics?
Statistics is the science concerned with developing and studying methods for collecting, analyzing, interpreting and presenting empirical data.
What is the simple definition of statistics?
Definition of statistics 1 : a branch of mathematics dealing with the collection, analysis, interpretation, and presentation of masses of numerical data. 2 : a collection of quantitative data.
What is statistics and its example?
Statistics are defined as numerical data, and is the field of math that deals with the collection, tabulation and interpretation of numerical data. An example of statistics is a report of numbers saying how many followers of each religion there are in a particular country.
What are the 3 types of statistics?
The 3 main types of descriptive statistics concern the frequency distribution, central tendency, and variability of a dataset. Distribution refers to the frequencies of different responses. Measures of central tendency give you the average for each response.
What are types of statistics?
The two types of statistics are: Descriptive and inferential.
Who is the father of statistics?
Prof. Prasanta Chandra Mahalanobis received a number of awards and honors in India and abroad for his outstanding and fundamental contribution to Statistics and Planning. – Fellow of World Academy of Art and Science (1963).
What are the four types of statistics?
Types of Data in Statistics (4 Types – Nominal, Ordinal, Discrete, Continuous)
What are the sources of statistical data?
There are two sources of data in Statistics. Statistical sources refer to data that are collected for some official purposes and include censuses and officially conducted surveys. Non-statistical sources refer to the data that are collected for other administrative purposes or for the private sector.
What are the 2 main types of statistics?
Descriptive statistics describe what is going on in a population or data set. Inferential statistics, by contrast, allow scientists to take findings from a sample group and generalize them to a larger population. The two types of statistics have some important differences.
What are the 5 basic methods of statistical analysis?
It all comes down to using the right methods for statistical analysis, which is how we process and collect samples of data to uncover patterns and trends. For this analysis, there are five to choose from: mean, standard deviation, regression, hypothesis testing, and sample size determination.
What are the examples of statistical data?
- Any financial/ economics data.
- Transactional data (from stores, or banks)
- The survey, or census (of unemployment, houses, population, and roads, etc)
- Medical history.
- Price of product.
- Production, and yields of a crop.
- My history, your history is also a statistical data.
Is statistical data a primary source?
Primary sources provide raw information and first-hand evidence. Examples include interview transcripts, statistical data, and works of art. A primary source gives you direct access to the subject of your research.
What are the various methods of collecting statistical data?
- Questionnaires and surveys.
- Documents and records.
- Focus groups.
- Oral histories.