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In an increasingly data-driven world, it is more important than ever for students as well as professionals to better understand basic statistical concepts. 100 Questions (and Answers) About Statistics addresses the essential questions that students ask about statistics in a concise and accessible way. It is perfect for instructors, students, and practitioners as a supplement to more comprehensive materials, or as a desk reference with quick answers to the most frequently asked questions.
What Is the Study of Statistics, and Why Is It Important?
What Is the Study of Statistics, and Why Is It Important?
We all live in a world that is increasingly dominated by data. Who would have thought that the analysis of data would be as important to professional sports teams as it is to educational institutions and Fortune 500 businesses? Yet, it is. With increasing frequency, people are turning to the discipline of statistics to look for patterns and predict outcomes. The study of statistics contains a set of tools that helps us better understand complex outcomes and make decisions.
Statistics is the description, organization, analysis, and interpretation of quantitative information. This information might be a set of test scores, a preference for a particular type of automobile, or how often a basketball team scores ...
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