# statistics

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## statistics

1. methods of collecting and analysing numerical data.
2. a group of data.

Businesspeople make considerable use of statistical methods such as collecting SAMPLES in order to make STATISTICAL INFERENCES in such areas as MARKETING RESEARCH and QUALITY CONTROL. They also use government economic data in monitoring changes in the business environment.

## statistics

1. a branch of mathematics that studies the theory and methods of collecting, tabulating and analysing numerical data.
2. a grouping of data. Economic analysis makes extensive use of economic data, which are subjected to statistical analysis in order to test ECONOMIC THEORIES. See HYPOTHESIS TESTING, ECONOMETRICS.
References in periodicals archive ?
This handbook has three important functions: first, as a basis for a graduate course or seminar in statistical methods in sports; second, the handbook can serve as a reference for statistical practitioners in professional sports; and, finally, it can provide statistical researchers interested in sports applications.
A verity of statistical methods were found in the analysis.
When the team members analyzed the Indian monsoon data using their statistical methods, they discovered that although the average total rainfall during the monsoon season has declined, the variability of rainfall during the peak monsoon months has increased.
The survey results indicate that statistical methods are mostly used in the departments that are traditionally oriented towards usage of quantitative methods in finances, accounting, planning, trade, auditing, production and marketing.
Each chapter ends with problems that encourage the readers/students to apply the statistical methods described to a specific problem.
STATISTICAL METHODS FOR SIX SIGMA IN R&D AND MANUFACTURING Anand M.
The use of statistical methods is essential whenever we have to distill useful information from large amounts of data.
The new estimates were based on statistical methods developed by Thomas Rehle, an independent consultant in international health and disease control.
However, many statistical textbooks recommend against using complicated statistical methods with archival time series analyses.
Thus, if you are an academic librarian, sending a personal e-mail with a paragraph from Statistical Methods for the Social and Behavioral Sciences (Marascuilo & Serlin, 1988) to a group of interested statistics students, you should be all set with factor one

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