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This branch of mathematics is mainly concerned with coming up with techniques to facilitate people in presenting, interpreting and analyzing empirical information.
Two Statistical concepts that serve as a basis for this discipline are uncertainty and variation respectively. Almost every situation encountered by a person, whether scientific or naturalistic, is marked by uncertainty. There are two explanations for this:
1. The consequences or results of acertain behaviour cannot be predetermined (e.g. not knowing what'll happen tomorrow).
2. The outcomes have been determined but the person of interest isn't aware of it (e.g. not knowing what score one has achieved on a certain test).
A mathematical language for studying and exploring such uncertain situations is known as probability and it significantly contributes to statistics.
Variation, on the other hand is bound to surface when measurements are repeated. Statistics tutors maximize their efforts in eliminating any confounding variables and provide Statistics Assignment Help which would result in a different measurement than that from last time.
- It is a collection of facts.
- These facts are expressed numerically.
- Statistical collection is done in an extremely systematic and organized way.
- One should be able to draw a comparison with the acquired statistical knowledge.
Statistics can be divided into two distinct branches:
1. Descriptive Statistics: This branch is mostly concerned with the collection, description and presentation of statistical data. Preparing annual reports in businesses can be taken as an example.
2. Inferential Statistics: One analyzesestimates and draws successful conclusion in this field from the information that is obtained via checking upon the estimate's reliability. This is mostly done by sampling and conducting tests on a population.
BENEFITS OF INCORPORATING STATISTICS IN YOUR STUDY:
- It helps in understanding natural phenomena better and also guides one to investigate its roots thoroughly regardless of the field.
- One can derive data that is relevant and quantitative in nature.
- For making the data comprehensible, tables, diagrams, charts etc. are used.
APPLICATION IN OTHER FIELDS:
Statistical knowledge is utilized in some of the following disciplines:
- Environmental statistics: It entails applying statistical methods to the study of elements of the environment such as air, water, earth etc.
- Statistical physics: The theory of probability which as mentioned above is applied in this field to extract solutions to its problems.
- Statistical thermodynamics: It is the microscopic study of the thermodynamics functioning and it utilizes probability to interpret quantities like heat, entropy and work etc. molecularly.
- Other fields include econometrics, business analytics, psychometric, geostatistics, machine learning and quantitative psychology, quality control etc.
- Statistical knowledge is applicable to studies involving aggregates or groups only.
- Statistics can be misleading in cases which lack precision in steps such as collection, analysis and interpretation. Trained and expert individuals are preferred for such positions so as to not skew the results obtained from a specific study.
- Results obtained from a single source cannot be analyzed or evaluated in statistical terms.
- They are recommended for explaining results derived from quantitative data and are not applicable to data that is heterogeneous in nature.
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Statistics is a known as a distinctive branch of mathematics while not exactly mathematics. It deals with the collection and analysis of data and grouping and analyzing the data that includes numerical forms and conversion of results. It refers the study of organizing data and determining results using different techniques and tools. It generally includes the study of interpretation, derivation, analysis and collection of required information.
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