# Essay about The Essentials of Studying Statistics

# Essay about The Essentials of Studying Statistics

**Length:** 1242 words (3.5 double-spaced pages)

**Rating:** Strong Essays

#### Essay Preview

Introduction

Making effective business decisions are always based on cost, time and prospect. Calculating money cost, time cost and forecast of return, all are based on marketing research, data mining, information analysis and findings. The way of the finding the answer is statistics.

Statistics – The Method of Organizing Data

Broadly, statistics is a set of disciplines for study quantitative information. Implied that several methods used to collect or process or interpret quantitative data from large amount of information, then finally generate a calculated number, for example average, mean, standard deviation…etc. All of these are the key reference for decision making or predicting consequences. Thus, it enables us to estimate the extent of our errors.

Statistics was primely developed in 17th century. It was initially used in collecting population and recourses information of United States. But now, statistics is widely applied in various fields after hundred years of progress. Today, few professional activities are untouched by statistical thinking. However, only statistics itself cannot give any conclusions and findings. It is significant when complied with other subjects or studies resulted in numerous of different independent disciplines were developed, for example Environmental Health Statistics, Biostatistics and Economics Statistics, etc.

Beside scholars, many decisions that business managers make involve data and for analysing problems, describing policies and programs, monitoring progress, improving program operations and evaluating outcome. A new breed of number cruncher, Super Cruncher, analysed large amount of data and discover the correlation between them. Th...

... middle of paper ...

...ere: your mobile services, latest credit card offers and even the placement of products in supermarket.

Statistics enables us to organize and arrange a basket of data, to link up their relationships by using calculation and diagrams, to analyze the results, finally evaluate errors, generate conclusion from small group to large group. You can prove what you want by statistics, but it really sometimes lies by tricky stratified sampling, distorted graphs and dimness figures.

Reference

Evan M. Berman (2007). Essential Statistics for Public Managers and Policy Analysts. CQ Press.

Ian Ayres (2007). SUPER CRUNCHING Why thinking-by-numbers is the new way to be smart . A Bantam Book

Derek Rowntree (2004) Statistics Without Tears A primer for non-mathematicians. Person Education Inc.

Darrell Huff (1993) How To Lie With Statistics W.W. Norton & Company, Inc.

## Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »## What Are Damned Lies And Statistics Essay

- ... If the sample is not representative of the population being studied, it can easily be found as illegitimate. In Chapter 3, Best shows how even numbers which are legitimate can be misused. Additionally, he illustrates ways in which errors can occur that seem simple, such as generalization, transformation, confusion, and compound errors, which are how chains of bad statistics begin. Chapter 4 warns against comparing apples and oranges in social sciences. Comparisons over time may be inaccurate due to changing measures, unchanging measures, or projections.... [tags: Sociology, Statistics, Social sciences]

**Strong Essays**

1476 words (4.2 pages)

## Variables in Statistics Essay

- Introduction to variables in statistics tutor: The variable which is available in the statistics it is called as statistical variable. It is a feature that may acquire choice in adding of one group of data to which a mathematical enumerates can be allocated. Some of the variables are altitude, period, quantity of profit, region or nation of birth, grades acquired at school and category of housing, etc,. Our statistics tutor defines the different types of statistics variables and the example of these types.... [tags: Statistics]

**Strong Essays**

513 words (1.5 pages)

## Essay about Proceed With Caution: The Danger of Interpreting Statistics

- Statistics should be interpreted with caution as they can be misleading; they can both lie and tell the truth. Whether or not people notice the importance of statistics, statistics are used by different cohorts of people from a farmer to an academician and a politician in their everyday life. For example, Cambodian famers produce an average of three tons or rice per hectare, connection about eighty per cent of Cambodian population is a farmer, and at least two million people support party A?. According to the University of Melbourne, statistics are about making conclusive estimates about the present or to predict the future (The University of Melbourne, 2009).... [tags: Statistics]

**Strong Essays**

942 words (2.7 pages)

## Differences Between Descriptive And Inferential Statistics Essay

- Read Part G, Topics 47-61 and Part H, Topics 62-67 in our textbook. Post a reading report on this discussion board forum answering the following questions: 1. What are the differences between descriptive and inferential statistics. Descriptive stats summarize data so the data can be comprehended. The researchers prepare a frequency distribution which shows the frequencies as descriptive statistics. Percentages, and averages are also descriptive statistics. Therefore, the descriptive statistics describe sets of data collected through observation.... [tags: Statistical significance, Statistics]

**Strong Essays**

1130 words (3.2 pages)

## What Interests Me About Statistics? Essay

- *What interests me about Statistics. My interest in Statistics first arose from the book “Big Data: A Revolution That Will Transform How We Live, Work, and Think” written by Professor Viktor Mayer-Schönberger. In the book, the practicality of data analysis attracted me and encouraged me to pursue a deeper study in statistical methodologies for prediction and pattern recognition. As my statistical knowledge accumulated, I clearly realized the potential of statistical applications for the developments in industries.... [tags: Statistics, Scientific method, Data]

**Strong Essays**

933 words (2.7 pages)

## Why Statistics Is Important For The Best Course Of Action Essay

- Statistics is something that comes up in everyday life a lot more often than some people might realize and being able to recognize statistical information as well as knowing how to use it properly can be extremely useful to you. You use it for small things, such as checking what the weather is supposed to be like throughout the week, but it can also be used for far more important situations like in medical circumstances where you are presented with chances of survival or sometimes determining the best course of action to take in order to ensure the safety of others.... [tags: Ethics, Business ethics, Statistics, Mean]

**Strong Essays**

1287 words (3.7 pages)

## What are Descriptive Statistics? Essay

- ... The software that researchers use is often very expensive and has a steep learning curve. But, you don’t have to be a statistician or mathematical genius to use data. Descriptive statistics do not require one to have the statistical software or the statistical knowledge to describe the basic features of the data, but more often than not, descriptive statistics can be very powerful and persuasive when used appropriately. Defenders can use descriptive statistics to present quantitative descriptions of the data in a manageable form and it helps defenders to simplify large amounts of data numerically and/or graphically.... [tags: data, inferencial statistics]

**Strong Essays**

1943 words (5.6 pages)

## Descriptive or Expressive Statistics Essay

- Statistics We define statistics as a branch of mathematics as a means to analyze, understand what we observe and explain synopses, so as to create sense and meaning of our explanations and observations. Each day in life we come across information that originates in various forms. This is to means in order to put sense in this information; there is the necessity to use statistics. Though, due to its empirical applications and focus, statistics is typically regarded as a distinctive math’s sciences and not only a math’s branch (Chance et al, 2005) Therefore, in certain tasks a statistician use is less mathematical; for example, ensuring that collection of data is carried out in a way that yie... [tags: numerical summaries, inferencial statistics]

**Strong Essays**

997 words (2.8 pages)

## Statistics Essay

- Statistics are necessary for scientific research because they allow the researchers to analyze empirical data needed to interpret the findings and draw conclusions based on the results of the research. According to Portney and Watkins (2009), all studies require a description of subjects and responses that are obtained through measuring central tendency, so all studies use descriptive statistics to present an appropriate use of statistical tests and the validity of data interpretation. Although descriptive statistics do not allow general conclusions and allow only limited interpretations, they are useful for understanding the study sample and establishing an appropriate framework for the fur... [tags: Data Analysis, Frequency Distribution]

**Strong Essays**

1090 words (3.1 pages)

## Barron's AP Statistics Essay

- I read Barron’s How to Prepare for the AP Statistics Exam. A very educational book helped a lot on the AP test. It clarified ideas that I was uncertain on. It helped me to understand when to use each test and the assumptions needed for each test. Type I and Type II errors were explained in such a way that they became crystal clear to me instead of muddy. Computer and Minitab outputs were thoroughly explained, and I became comfortable with them after reading this book. The Barron’s guide also formatted equations in the same manner as the AP equation sheet, which helped me become familiar with this format before going into the AP test.... [tags: Advanced Placement Statistics]

**Free Essays**

957 words (2.7 pages)