Tuesday, February 11, 2014

Descriptive Statistics

The world is filled with uncertainties. Consumer prices, economic fluctuations, political stubdidate popularity, irrigate quality, portfolio enthronization management, and everyday decisions, among others, ar often ambiguous, unclear, and indeterminate. Statisticians help individuals resolving the vagueness of living by developing characterizations and drawing conclusions surrounding these questions (American statistical affiliation [ASA], 2008). Statistics is a division of mathematics that centers on the appealingness and evaluation of data, which can be drawn upon to make conclusions (Aron, Aron, & axerophthol; Coups, 2006, 2). ii branches of statistics exist, including descriptive and inferential domains. Extrapolation beyond the data is where the palpable remnant emerges. Indeed, these deuce subcategories vary in function and definition. However, a consanguinity exists between descriptive and inferential statistics, irrespective of the mark in purpose and meaning. The function of statistics is the ?collecting, analyzing, presenting, and interpreting of data (Statistic, 2008). Statistics read turn a valuable tool that many handle commit which include but are not check to business, healthcare, politics, sports, gambling, and only sciences. The government census reports that keep track of the existence and the economics of everyday life that is played out on breakwater Street and the stock market are two examples of where statistics deviate every individual. In psychology statistical methods are employ on the data collected regarding a system or question about human and animal mien in order to discover the truth about the behavior. For example, a question study on the effects of stress levels of a school-age child and how well the student performs on a test. done the hookup of quantitative and qualitative data a investigator uses statistical analysis to make sense of the data collected. Statistics can go through both a tyrann ical and negative affect. The positive impa! ct would be that the data collected would be translated into development that is useful, If you demand to get a full essay, order it on our website: OrderCustomPaper.com

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