BuyFind

STATISTICS F/BUSINESS+ECONOMICS-TE...

13th Edition
Anderson
Publisher: CENGAGE L
ISBN: 9781305881884
BuyFind

STATISTICS F/BUSINESS+ECONOMICS-TE...

13th Edition
Anderson
Publisher: CENGAGE L
ISBN: 9781305881884

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 in 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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