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 ?
Data were subjected to homogeneity (Hartley) and normality (Shapiro-Wilk) tests to verify the assumptions of parametric statistics. Data were also subjected to analysis of variance and to the Tukey test at 5% probability, using the software SISVAR 5.4 (Ferreira 2011).
Additionally, the level of AST and log AST, transformed for the parametric statistics, was mostly elevated according to the number of CT findings (P = 0.028).
It should be noted that many biological early warning systems, built on the speed analysis of the test objects, use parametric statistics, excluding the nature of the data distribution.
In order to detect trends in temperature time series linear regression test of parametric statistics has been applied.
In statistics the term is used to the distribution of data and it characterizes a branch of that discipline; "parametric statistics".
Didactic Engineering is characterized as being a qualitative action research method, and rejects the Classical Parametric Statistics method, the control case or experimental groups and control groups.