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.

Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

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.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
I believe that adoption of the more accurate and more efficient AGILE statistical method will help move the whole industry forward as both agencies and clients start seeing better results and ROI from A/B testing.
Several multivariate regression-based statistical methods are now well established and allow accounting for a potential joint action of multiple exposures on health (Chadeau-Hyam et al.
Of the total, 45.0% of the articles have mentioned the use of analysis of variance (ANOVA), which according to Barbin (1993) is the most frequent statistical method in any kind of experiment.
The first article in the series, by Linnet and coworkers, reviews statistical methods used for the evaluation of single biomarkers (4).
Each of the various statistical methods is described in considerable depth.
While some of the chapters discussed and used statistical methods with which I was not familiar, other methods, such as multilevel linear regression and dynamic factor analysis, are innovative extensions of statistical methods that have been used and taught for some time.
Statistical methods in practice; for scientists and technologists.
The researchers then analyzed the data using a second statistical method to account for changes in a given individual's blood pressure over time.
That pattern held in each statistical method of tree building that the researchers tried.
Now, psychologists Julie Milton of the University of Edinburgh and Richard Wiseman of the University of Hertfordshire in Hatfield, England, have pooled the results of 30 ganzfeld experiments using a statistical method called metanalysis.
Using a statistical method for organizing species according to recently evolved anatomical features they share, some anthropologists place robust australopithecines into its own genus, Paranthropus.

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