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 ?
Web Analytics seems much more targeted at the enterprise.
Google Analytics is a powerful standalone tool, but many marketers are seeking more -- they need help in understanding how to decipher and more effectively use Web analytics to identify opportunities for improvement and act on the findings," said Shane Atchison, CEO and co-founder of ZAAZ.
Indeed, according to Michael Stoner of Chicago-based marketing communications firm Mstoner, web analytics can measure many things, including "market reach, application fulfillment, [and] site-centric usability," and it can be an extremely useful tool in the continual development of a site, which experts say is necessary.
We invite you to meet Kevin at Web Analytics Demystified's free ACCELERATE conference in Boston, Massachusetts on Wednesday, October 24th, where he will be presenting "Ten Tips for Building Dashboards People Will Actually Use".
IndexTools specializes in delivering on-demand web analytics solutions to the enterprise and SME market.
ObservePoint pioneered automated web analytics auditing and their worldwide distributed network audits millions of pages every month to report data loss, inflation and leakage to web analytics managers and stakeholders.
The dynamic world Web analytics market is witnessing fast-paced growth, with the spike in demand for analytics, measurement, performance management, predictive modeling, and recommendation engines.
LONDON -- The continued growth of mobile websites, social media sites and video interaction, is expected to drive growth in the web analytics market, according to a new report on companiesandmarkets.
Operating primarily under the Web Analytics Demystified brand, this partnership creates the first "one stop shop" for end-to-end digital measurement strategy and consulting, ranging from the highest strategic levels to the most fundamental implementation and ongoing reporting services.
While Web Analytics Demystified is known worldwide for our strategic guidance and executive support for digital measurement and optimization, bringing Adam Greco in extends our range of services in a way we already know our clients will love," says Eric T.
IQ Workforce, a leading recruiting firm in the web and marketing analytics marketplace, today announced a partnership with Web Analytics Demystified to provide an unprecedented level of support for companies investing in digital measurement resources.
Web Analytics Demystified, the world's leading Web Analytics strategic consulting group, announces John Lovett as its newest senior partner.