Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)
Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)
6th Edition
ISBN: 9781337115186
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
Publisher: Cengage Learning
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Chapter 1, Problem 1SE

Discuss the differences between statistics as numerical facts and statistics as a discipline or field of study.

Expert Solution & Answer
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To determine

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

Explanation of Solution

The statistics can be represented as numerical facts. This can be done using mean, median, percentage, minimum, and so on.

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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Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)

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