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Business Statistics
Business Statistics

... data in the forms we call descriptive statistics, which was published asNatural and Political Observation Made upon the Bills of Mortality. Shortly thereafter, he was elected as a member of Royal Society. Thus, statistics has to borrow some concepts from sociology, such as the concept of "Population ...
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AutoCAD Architecture 2008: Part I: Getting Started

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... of data. If variance or standard deviation is large, data are more dispersed. This data is useful in comparing two (or more) data sets to determine which is more (most) variable. 2. Measures of variance and standard deviation are used to determine the consistency of a variable. 3. Variance and stand ...
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Ch. 2: Review of prob. and stats. (20 pages)

< 1 ... 458 459 460 461 462 463 464 465 466 ... 861 >

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. In early times, the meaning was restricted to information about states. This was later extended to include all collections of information of all types, and later still it was extended to include the analysis and interpretation of such data. In modern terms, ""statistics"" means both sets of collected information, as in national accounts and temperature records, and analytical work which requires statistical inference.Statistical activities are often associated with models expressed using probabilities, and require probability theory for them to be put on a firm theoretical basis: see History of probability.A number of statistical concepts have had an important impact on a wide range of sciences. These include the design of experiments and approaches to statistical inference such as Bayesian inference, each of which can be considered to have their own sequence in the development of the ideas underlying modern statistics.
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