Reliability of Statistics Today most of us live in a world surrounded by data. Everything that we do calculates findings to supply data for statistical findings to show that it is either wrong or right. Statistics is not a new process in our lives; it has been around for close to 400 years from the history I was able to find discussing statistics or probability. The oldest date found was identified by Stigler (1999 p. 207) were he explained that in 1628 a William Harvey released a study on the
management to business owners, but most importantly the consumers that make profit possible. There are countless ways that the collection and methods of statistics are used in everyday business practices; this paper will highlight some of the most common methods of statistics and explain how, through a variety of applications and tests, statistics can enhance the production, management, consumer satisfaction, and ultimately the profit of a business. The programs used to gather and process a
Foundational Knowledge: At the beginning of the semester, I had some basic knowledge about statistics. I knew about bell curves, means and standard deviations. I did not know what a confidence interval or what a standard error of measurement was. Now many months later, I know that the standard error of measurement estimates how someone's score will change over time. This is due to the fact that a person will probably not get the same score every time they retake a test. I also learned that the standard
Definition of statistics: Statistics is the science of learning from data, and of measuring, controlling, and communicating uncertainty; and it thereby provides the navigation essential for controlling the course of scientific and societal advances (Davidian, M. and Louis, T. A., 10.1126/science.1218685). Statisticians apply statistical thinking and methods to a wide variety of scientific, social, and business endeavors in such areas as astronomy, biology, education, economics, engineering, genetics
Statistics can be defined as “ the science that deals with the collection, classification, analysis, and interpretation of numerical facts of data, and that, by use of mathematical theories of probability, imposes order and regularity on aggregates of more or less disparate elements” (Dictionary.com, LLC, 2008). Yet how do we use these specific elements in our everyday working lives? Many don’t realize the extent to which we as a culture base our decisions on statistics. We us them in something
BSMA - 2 HISTORY OF STATISTICS The history of statistics can be said to start around 1749 although, over time, there have been changes to the interpretation of the word statistics. By the 18th century, the term "statistics" designated the systematic collection ofdemographic and economic data by states. In the early 19th century, the meaning of "statistics" broadened to include the discipline concerned with the collection, summary, and analysis of data. Today statistics is widely employed in government
Statistics and Psychology Paper There are numerous applications of statistical reasoning and research methods in the field of psychology. From simple aspects of reading and interpreting psychology articles, to completing personal research, statistics is a necessary concept to understand. The scientific method is essential to research, and many of the concepts cross the lines into statistics. It is also imperative for us to compare and contrast the characteristics of primary and secondary data
taking the first exam, 15 of the students dropped the class. Is this a statistic or a parameter; explain your answer. Answer: Sample statistics are understood as numerical ascriptions given towards a sample of which is determined by the consolidation or summarizing of collected data within research (Bennett, Briggs, & Triola, 2014). This definitional explanation shares that the given example is that of a sample statistic. The example provides no understanding of a viable population of which
In this experiment, data was collected from 44 participants, which came from an undergraduate statistics lab class at Florida Atlantic University, members of the Palm Beach Hindu Mandir, and friends and relatives of the authors of this study. The sample was 30% male (N = 13) and 70% female (N = 31). Participants ranged in age from 15 to 61 with the average being 28 years (M= 28.09, SD= 14.178). The participants all voluntarily filled out an online survey originally sent out to the class. The authors
Bottlenecks and Statistics Bottlenecks in processes can and often do exist in any organization and workplace setting, including in nursing settings. The bottlenecks identified in this case are delivery of service, staff buy in, leadership role, and follow through; though these are all problems for learning and development processes in the nursing unit they are not all equal in their prevalence or their effects. In order to effectively manage the different bottlenecks and the potential remedies