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1.

Statistics

is the science of the collection, organization, and interpretation of data. It deals with all aspects of this, including the planning of data collection in terms of the design of surveys and experiments Statistics is closely related to probability theory, with which it is often grouped.

2.a Inferentia Statistics Statistical inference is the process of drawing conclusions from data that are subject to random variation, for example, observational errors or sampling variation. More substantially, the terms statistical inference, statistical induction and inferential statistics are used to describe systems of procedures that can be used to draw conclusions from data sets arising from systems affected by random variation b Statistical forecasting concentrates on using the past to predict the future by identifying trends, patterns and business drives within the data to develop a forecast. This forecast is referred to as a statistical forecast because it uses mathematical formulas to identify the patterns and trends while testing the results for mathematical reasonableness and confidence. 3. Functions of Statistics It presents fact in a different form. It simplifies mass of figures. It facilitates comparison. It helps formulating and testing hypothesis. It helps in prediction on technology. It helps in the formulating of suitable politics.

4. SCOPE OF STATISTICS
a) 1.In Social Sciences b) 2.IN Planning

c) 3 . Mathematics d) Economics e) 5 . Business Management 5. Limitations of Statistics The important limitations of statistics are: (1) Statistics laws are true on average. Statistics are aggregates of facts. So single observation is not a statistics, it deals with groups and aggregates only. (2) Statistical methods are best applicable on quantitative data. (3) Statistical cannot be applied to heterogeneous data. (4) It sufficient care is not exercised in collecting, analyzing and interpretation the data, statistical results might be misleading. (5) Only a person who has an expert knowledge of statistics can handle statistical data efficiently. (6) Some errors are possible in statistical decisions. Particularly the inferential statistics involves certain errors. We do not know whether an error has been committed or not. 6. Data The term data refers to groups of information that represent the qualitative or quantitative attributes of a variable or set of variables. Data (plural of "datum") are typically the results of measurements and can be the basis of graphs, images, or observations of a set of variables. Data are often viewed as the lowest level of abstraction from which information and knowledge are derived. Raw data refers to a collection of numbers, characters, images or other outputs from devices that collect information to convert physical quantities into symbols, which are

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