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Statistics: Informed Decisions Usi...

5th Edition
Michael Sullivan III
ISBN: 9780134136783

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Chapter
Section
BuyFindarrow_forward

Statistics: Informed Decisions Usi...

5th Edition
Michael Sullivan III
ISBN: 9780134136783
To determine

To define: Statistics.

Answer

Solution: Statistics is that field of applied mathematics that deals with gathering, organizing, analyzing, and interpreting raw data. It helps one to draw inferences of a large volume of data using structured statistical techniques, and its application is used in a multitude of areas such as weather forecasts, demography, and research.

Explanation

Explanation: Statistical measures like mean, median, and mode help to determine how the data of the sample is spread out, the centermost value, and how many times an observation occurs. Hence, it helps one to make sense of the data.

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