Sunday, October 27, 2013

What is Statistics?

Statistics is the science and practice of developing human knowledge by dint of the use of empirical data expressed in quantitative form. It is based on statistical theory which is a runner of applied mathematics. Within statistical theory, randomness and indecision be modelled by prospect theory. Because one aim of statistics is to produce the lift out information from available data, some authors consider statistics a pick out of decision theory. Statistical practice includes the planning, summarizing, and interpreting of observations, allowing for variability and uncertainty Origin The ledger statistics comes from the modern Latin phrase statisticum collegium (lecture somewhat state affairs), from which came the Italian word statista meaning statesman or politician (cf. status) and the German Statistik, superiorly designating the analysis of data or so the state). It acquired the meaning of the order and classification of data generally in the early 19th centur y. It was introduced into English by Sir John Sinclair thus, the original principal map of statistics was data to be used by governmental and (often centralized) administrative bodies. The collection of data about states and localities continues, for the most part through interior(a) and international statistical assistances; in particular, censuses provide dissipated information about the population.
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Today, however, the use of statistics has broadened far beyond the usefulness of a state or government, to include such areas as business, natural and social sciences, and medicine, among others. The earliest seeds arose in geometric diagrams and in the making of maps to aid in navigati on and exploration. By the sixteenth centur! y, techniques and instruments for precise observation and measurement of physical quantities were well-developed- the beginnings of the husbandry of visualization. The 17th century saw great new growth in theory and the dawn of practice- the rise of analytic geometry, theories of errors of measurement, the birth of probability theory, and the beginnings... If you want to get a full essay, order it on our website: OrderEssay.net

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