What are the reasons why you should learn statistics? Do you think that learning statistics will help you earn more money and become a more informed citizen? Discuss.

Q: What type of statistics is presented in the financial section of a newspaper, inferential or…

A: Descriptive statistics: Based on the situation, the data is collected. It is then organized and…

Q: What is the purpose of statistics in our lives?

A: purpose of statistics in our lives

Q: What are some of the descriptive statistics that can be used to describe data?   What are the…

A: Answer : Descriptive statistics are used to describe or summarize the characteristics of a sample or…

Q: what are importance and applications of statistics? Write in detail.

A: When the man started counting, comparing, and keeping records in one or another way, the subject…

Q: List two ways that you can improve statistical power.

A: Methods to increase statistical power:-   1. use a large sample- if we use  larger sample then it…

Q: What is the definition of statistics? Why it is important to learn statistics? Give two major areas…

A: Statistics- Statistics is a subject as a branch of mathematics that is based on describing,…

Q: Why should I learn statistics?

A: Statistics helps us to describe and organize data. It also helps us to make inferences from data.

Q: What does data mean in statistics definitions

A: Statistics:The science of collecting, analysing and making inference from data can be termed as…

Q: What is discriminatory ability or power in statistics and how can you show it on course assessments?

A: Please find the explanation below. Thank you

Q: single term that best describes statistics and why?

A: A statistic is the measure of an attribute computed from a sample. The statistics calculated from…

Q: What is the test statistic and P-value?

A: The pooled estimate of p is, p¯=x1+x2n1+n2=106+63750+631=1691381=0.1224 The sample proportion for…

Q: Can one "trust"

A: Statistics is the study of collecting , analyzing and interpretation of the data.

Q: What is an example of the use of statistics to make predictions and decisions in our daily lives?

A: Probability & Statistics can be used in our daily life in many activities like online shopping.

Q: What should I learn statistics?

A: Given problem Given that   What should I learn statistics?

Q: What is meant by the process of statistics

A: Process of statistics: It involves the following steps.

Q: According to a Credit Suisse Survey, the mean net worth of all individuals in the United States in…

A: 1. The mean and median net worth of all individuals of US in 2014 are $301,000 and $45,000…

Q: How is statistics used in information systems?

A: statistics is used for data mining ,speech recognition ,vision and image analysis ,data compression…

Q: What is statistics and why do you need to use statistics in your research? How important are they?

A: Statistics: Statistics is the branch of mathematics that deals with the collection of data,…

Q: Discuss the aid of sketch the intimate relationship between Statistics and Research.

A: Statistics is the branch of applied mathematics in which we do collection, analysis, interpretation…

Q: What are the three value to indicate variability of a data set How do you determine whether it is…

A: Variability :  It refers to the difference being shown by the data points within a data set, as…

Q: What are the terminologies used in Statistics? Give them all

A: The terminology used in statistics are listed below

Q: A famous study found that once orchestras switched to blind auditions, the number of women hired by…

A: Introduction: It has been observed that the number of women hired by orchestras increased when the…

Q: How has your knowledge and understanding of statistics grown over the past few months? Have you…

A: Statistics:

Q: How would you explain conducting a scatter graph to someone who has never heard of correlation (but…

A: Scatter graph is a graph that is drawn to visualize the relationship between two variables ,x and y,…

Q: Why are t statistics more variable than z -scores?

A: t-statistics uses sample variance instead of population variance.   t statistics has both s and x̅.

Q: What are application of statistics and math?

A: Statistics help in providing data as well as tools to analyze the data. Some powerful techniques are…

Q: How can we use Statistics and Probability to help others make informed decisions regarding Diet and…

A: The phrase "You are what you eat!" has been around for who knows how long it is. If an individual…

Q: Explain the value of the business statistics in management

A: Statistical research in business enables managers to analyze past performance, predict future…

Q: In your own words, describe why we study statistics.

A: First of all, we know that Statistics is nothing but the analysis of data. If deals about the fact…

Q: what the use of Statistics in your life is. How are you going to be benefitted by studying…

A: Statistics is the science which deals with the collecting, classifying, presenting , comparing and…

Q: What is difference between the Differences between Mean and Median?

A: The measures of centre or measures of central tendency are those descriptive measures that give the…

Q: The varaibility of a statistic is described by

A: The variability means the spread ness of the data set. The best measure of spread ness is standard…

Q: What are some of the key aspects to consider when collecting and preparing data for statistical…

A: Data collection: It is the process of collecting information on variable of interest for statistical…

Q: The statistics that describe a population in terms of personal characteristics.

A: Statistics that describe a population in terms of personal characteristics such as age, gender,…

Q: Is theory essential to the research process and statistics? Please Explain.

A: Introduction about Theory: Theory can be defined as the idea or concept that has no proof. It could…

Q: What is the goal of descriptive statistics and how do you think this goal is different from…

A: It is an important part of statistics . It is widely used in applications .

Q: How can graphics and/or statistics be used to misrepresent data?

A: Graphical representation or statistical data can be misleading or misrepresented. Some statistics…

Q: How do I create a symmetrical data table? Like how do I know if it’s symmetrical?

A: If the data are symmetric, they have about the same shape on either side of the middle. In other…

Q: Explain the major difference between an experiment and an observation.

A: In an experiment, the researcher manipulates every aspect for deriving a conclusion. In…

Q: Discuss the way someone can perceive and consume statistical information experienced in everyday…

A:

Q: What is statistics

A: The Moving average (MA) is a simple technical analysis tool that smooths out price data by creating…

Q: xplain the importance of statistics

A: Statistics is one the branch of mathematics which help in collecting, organizing, , mining ,…

Q: A director of research for a radio company conducted a survey of listener preferences and collected…

A: during data collection it is necessary to cover all parts of population .this means our collected…

Q: What are the uses and abuses of Statistics in the real world? Give specific examples and provide…

A: Statistics is defined as the study of collecting, organizing, analyzing, and interpreting data. The…

Q: What does a “mean” mean in statistics? What’s an example question for that?

A: Mean (or) Expected value: The mean can be defined as the average value of a data set which explains…

Q: Explain the relation between a population and a sample. What characteristics should a sample have to…

A: A sample is basically a subset of population that is used in the research. For example if your…