Statistics can be defined as “ the science that deals with the collection‚ classification‚ analysis‚ and interpretation of numerical facts of data‚ and that‚ by use of mathematical theories of probability‚ imposes order and regularity on aggregates of more or less disparate elements” (Dictionary.com‚ LLC‚ 2008). Yet how do we use these specific elements in our everyday working lives? Many don’t realize the extent to which we as a culture base our decisions on statistics. We us them in something
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Uses of Statistics HCS/438 August 2‚ 2011 Mike Janson Uses of Statistics The use of statistics has been proven to assist the understanding of information‚ data‚ in many ways. Statistical information is not just collected‚ but it is also organized and quantified‚ providing a clearer picture for further study. This writer will explain how statistics are used in my personal workplace‚ and describe aspects of the statistics used. Statistics in Personal Workplace My personal workplace is what
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Business Administration- MBA Semester 1 MB0040 – Statistics for Management Assignment Set - 1 Q1. Define “Statistics”. What are the functions of Statistics? Distinguish between Primary data and Secondary data. Answer: Statistics: Statistics as a discipline is considered indispensable in almost all spheres of human knowledge. There is hardly any branch of study which does not use statistics. Scientific‚ social and economic studies use statistics in one form or another. These disciplines make-use
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Descriptive Statistics 1.1 Descriptive vs. Inferential There are two main branches of statistics: descriptive and inferential. Descriptive statistics is used to say something about a set of information that has been collected only. Inferential statistics is used to make predictions or comparisons about a larger group (a population) using information gathered about a small part of that population. Thus‚ inferential statistics involves generalizing beyond the data‚ something that descriptive
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What is national unity? National unity and integration is a situation where by people of diverse cultures‚ religions‚ languages‚ political‚ social and economic systems are brought together to have a common goal The people have mutual understanding‚ love‚ co-operation and trust among them. They are united‚ tolerant and have faith in their fatherland. They de-emphasize their differences and stress more on their common goals and aspirations and any other thing that can bring about unity in diversity
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ethics in statistics that need to be followed by a researcher so that only the truth is reported and there is no misrepresentation of the data. Конец формы There are a number of possible ways in which unethical behavior can arise in statistics and researchers should steer clear of these. It is relatively simple to manipulate and hide data‚ projecting only what one desires and not what the numbers actually speak‚ thus giving birth to the famous phrase "Lies‚ damned lies and statistics". However
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How to Lie with Statistics Summary There are some people that rely heavily on the statistical information provided by the media‚ government‚ and other research groups in order to form opinions or come to a conclusion on a particular idea or product. However they fail to realize that a lot of the time the data is manipulated in such a way that leads them to believe something that is not actually the case. Statistics can lie in many ways the first way is by using a sample that has a bias. For instance
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What Makes A Nation‚ A Nation? No nation can exist forever. So what makes a nation‚ a nation? Milan Kundera’s essay‚ “A Nation Which Cannot Take Itself for Granted” examines this significant question. Published in June 1967‚ Kundera‚ a reformed Czechoslovakian communist writer‚ explores the sphere of culture and optimism of the Czech nation during the period of de-Stalinization in Eastern Europe. “The existence of the Czech nation has never been a matter to be taken for granted and
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1 Myths and Realities of Higher Education as a Vehicle for Nation Building in Developing Countries: The Culture of the University and the New African Diaspora Seth A. Agbo Pacific University Oregon‚ U.S.A. Abstract The thesis of this paper is that the African university‚ like its counterpart in the advanced developed world‚ has maintained a stubborn resistance to change in spite of external pressures and internal transformations. The university strives to remain protected from external
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QM2 Project Case Study 1- Consumer Characteristics Index Sno Title Page.no 0 | Introduction | 3 | 1 | Summarizing data using Descriptive Statistics | 4-6 | 2 2.1 2.2 | Estimated regression equations. Independent Variable- Annual Income. Independent Variable- Household Size | 7 8 9 | 3 | Better predictor of annual credit card charges | 10 | 4 | Independent variables- Annual income and Household size | 11 |
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