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Outline of statistics. The following outline is provided as an overview of and topical guide to statistics: Statistics is a field of inquiry that studies the collection, analysis, interpretation, and presentation of data. It is applicable to a wide variety of academic disciplines, from the physical and social sciences to the humanities; it is ...
In descriptive statistics, summary statistics are used to summarize a set of observations, in order to communicate the largest amount of information as simply as possible. Statisticians commonly try to describe the observations in. a measure of location, or central tendency, such as the arithmetic mean. a measure of statistical dispersion like ...
Price index numbers are usually defined either in terms of (actual or hypothetical) expenditures (expenditure = price * quantity) or as different weighted averages of price relatives ( ). These tell the relative change of the price in question. Two of the most commonly used price index formulae were defined by German economists and ...
Frequency (statistics) For other uses, see Frequency (disambiguation). In statistics, the frequency or absolute frequency of an event is the number of times the observation has occurred/recorded in an experiment or study. [1] : 12–19 These frequencies are often depicted graphically or in tabular form.
Student's t-test is a statistical test used to test whether the difference between the response of two groups is statistically significant or not. It is any statistical hypothesis test in which the test statistic follows a Student's t -distribution under the null hypothesis. It is most commonly applied when the test statistic would follow a ...
Statistics is a mathematical body of science that pertains to the collection, analysis, interpretation or explanation, and presentation of data, [9] or as a branch of mathematics. [10] Some consider statistics to be a distinct mathematical science rather than a branch of mathematics. While many scientific investigations make use of data ...
This formula is valid only if the eight values with which we began form the complete population. If the values instead were a random sample drawn from some large parent population (for example, they were 8 students randomly and independently chosen from a class of 2 million), then one divides by 7 (which is n − 1) instead of 8 (which is n) in the denominator of the last formula, and the ...
e. A descriptive statistic (in the count noun sense) is a summary statistic that quantitatively describes or summarizes features from a collection of information, [1] while descriptive statistics (in the mass noun sense) is the process of using and analysing those statistics. Descriptive statistics is distinguished from inferential statistics ...
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