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 ?
One hundred sixteen RCTs with statistically nonsignificant findings for the primary end points were included in the analysis; 12 studies (10 percent) reported industry funding.
Starting from the fifth minute after injection, the values were statistically lower in both the groups.
Duration of mechanical ventilation (MV) and haemogram result did not have a statistically significant relationship with GCS, RTS, AIS, ISS, TS and TRISS (p>0.05).
A statistically significant difference (p < 0.05) between the mean preoperative and postoperative ABG was found in both groups.
In Section 2, we first establish a useful characterization of statistically e-uniform convergence, which is a statistical analogue of an equivalent definition of e-uniform convergence.
Treatment with VK2809 resulted in statistically significant reductions in liver triglycerides, liver cholesterol, total lipids and NAS, as well as in several key measures of fibrotic activity, including total liver fibrosis, type I collagen and hydroxyproline.
The rivaroxaban-monotherapy arm failed to show any statistically significant benefits, compared with the aspirin-monotherapy control group.
The dual regimen also produced a statistically significant 46% relative risk reduction in major adverse limb events and a significant 70% relative reduction in the incidence of major lower-extremity amputations, reported Dr.
In 2015, the median earnings of women who worked full time, year-round ($40,742) was 80 percent of that for men working full time, year-round ($51,212)--not statistically different from the 2014 ratio.
Published studies make statistically significant findings look unduly strong, he says.
* For Chlamydia trachomatis, the self-collected penile swab showed a sensitivity of 96.8% and specificity of 98.8%, with no statistically significant difference from urethral swabs (P = .625).
(i) [([x.sub.k]).sub.k[greater than or equal to]1] is a statistically convergent sequence;

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