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What is statistics?
You must be familiar with the term statistics. If not, then read further to know more. Statistics is a part of mathematics which is used to collect, analyze and present empirical data.
There are two types of statistics.
Before we move ahead, lets us understand the history behind the word statistics. Statistic is derived from a word ‘Statis’ (Medieval Latin word) which means to collect data for government and administrative purposes. After many years, ‘Statis’ was changed to ‘Statistics’. Many of you may not be a history fan, but if you want to fully understand a concept, you have to study its history as well.
That’s enough history for now. Let’s move on to the practical part of it. A few months back, my sister had to go through an operation. We had a chat with her doctor and he said that there is a 95% chance that the operation will be successful and 5% chance that the operation can lead to bad results. Now, at that point in time, my parents were familiar with statistics so they took the right decision. They went ahead with the operation.
This brings us to my next question- How does statistics work? Many of you must be wondering the same. Actually, there is a simple process that you need to follow while doing statistics.
The process is as follows-
Statistics is incomplete without its tools and methods. Some of the methods for data collection are mentioned below.
Some of the tools for data analysis are mentioned below.
Every university starts teaching statistics from the 8th grade. Obviously, there are some students who don’t like or understand the basics of statistics. No matter how hard they try, they fail to understand it. So, they look for some professional statistics homework services. Earlier, statistics was not a popular subject so there was hardly any professional statistics homework help available for the students but today, times have changed. With the increased popularity of statistics, many companies have entered the market which offers online statistics homework help services to its clients. But students face one common problem. With the number of increasing frauds in the market, it becomes difficult for a student to trust one company which offers the best online statistics homework help services. If you are one of them, there is a company which is perfect for you.
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From research experiments to military tests, from a satellite orbiting the earth to social networks like Twitter and Facebook, we are continuously collecting loads of data every day. You require an understanding of statistical methods to analyze and present useful information from the huge chunks of collected data. Without the knowledge of statistics, all of the collected data will go to waste.
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