BuyFind

Essentials Of Statistics For Busin...

9th Edition
David R. Anderson + 4 others
Publisher: South-Western College Pub
ISBN: 9780357045435
BuyFind

Essentials Of Statistics For Busin...

9th Edition
David R. Anderson + 4 others
Publisher: South-Western College Pub
ISBN: 9780357045435

Solutions

Chapter 1, Problem 1SE
To determine

Explain the difference between statistics as numerical facts and the statistics as a discipline or field of study.

Expert Solution

Explanation of Solution

The statistics can be represented as numerical facts. This can be done using mean, median, percentage, minimum, and so on. It is used to find numerical measurement of a data set.

In a broader sense, the field of study in statistics is the art and science of collecting, analyzing, presenting, and interpreting the data.

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