STATISTICS- The speech of Figures
CONTENTS
  • 01. Introduction
  • 02. The Staistics
  • 03. Branches of Statistics
  • 04. Statistical Methods
  • 05. Probability
  • 06. Specialised Disciplines
  • 07. Software
  • 08. Applications
  • 09. The Historical Milestones
  • 10. Statistics is Big Joke!!***********Not to be Missed
  • 11. Reference Links

    Introduction

    Statistics is the science and practice of developing human knowledge through the use of empirical data expressed in quantitative form. It is based on statistical theory which is a branch of applied mathematics. Within statistical theory, randomness and uncertainty are modelled by probability theory. Because one aim of statistics is to produce the "best" information from available data, some authors consider statistics a branch of decision theory.

    Statistical practice includes:

    • the planning,
    • summarizing, and
    • interpreting of observations, allowing for variability and uncertainty.

    The Statistics

    The dictionary definition of "statistics" refers to numeric indicators of nations. Statistics are produced from data. Popular usage of the term points to numeric summaries OR tables, that condense information, or numbers that are used to make comparisons. The figures may also establish relationships or associations.

    Link:

    The term statistics also refers a formal discipline of study. The field of statistics is the science of generalization. Built upon theories of probability and inference, statistics support the making of broad generalizations from a smaller number of specific observations or sampling.

    The word statistics comes from: