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 ?
''We expect that the exchange of knowledge between Statistics Denmark and Ghana Statistics Service will generate mutual inspiration and yield
Lot 10: Support for Passenger Mobility and Road Traffic Statistics.
Most of the respondents were full-time students; 73.9 percent reported being enrolled in three or more courses while taking the sociological statistics course.
In case of any query, the candidates can contact the Department of Statistics on 051-9057266.
Secretary Statistics Division Shaista Sohail briefed the committee that on the recommendation of IBRD Mission of the World Bank, Central Statistical Office (CSO) was upgraded to a full-fledged Statistics Division in 1973.
In turn, Vilija Lapeniene, Director General of the Lithuanian Department of Statistics, told reporters that Azerbaijan and Lithuania have had a long cooperation in the field of statistics, and expressed hope for the continuation of this cooperation.
The minister directed that the mechanism should be devised to educate the public on economic statistics especially the trends in consumer price index (CPI) and inflation.
The big advantage of reliably predicting the appearance of white spots - thanks to USTERA(r) STATISTICS 2018 - is to minimize the risk of claims.
The draft law suggests to form national statistical system comprised of the National Statistical Committee, other official statistics producers.
Criticism of Government Statistics and Statistical Reform
The Majlis staff has produced a report saying that a major problem challenging the development of good economic policies is the fact that statistics produced in Iran are often contradictory and questioning whether any can be trusted.
A Memorandum of Understanding between the FBiH Statistics Instituted and NetWorks INT, Inc., an entrepreneurial and educational center, was signed today, covering several areas.

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