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Importance of Statistics
In this age of information technology, it is important to know how raw
data are processed and translated into useful information through
understanding the concepts, calues, scales ratings, percentage, market shares,
etc.
Application
In education, statistical tools are used to get information on enrolment,
finance, facilities and even grading system.
In government, statistics are gathered to guide the officials in managing
the affairs of the state.
In business and economics, statistics plays an important role in the
financial transactions and marketing of new products, forecasting of business
trends, controlling of the quality of goods produced and improving personnel
relations.
In sports, statistics are taken and recorded. These records help to keep
track of succeeding performances for comparison. Also, sports officials use them
for the declaration of the best athletes in their respective fields.
Statistical Theory
This is a mathematical approach to describe something, predict events, or
analyze the relationship between things. "Statistics" is a broader concept that
also includes the collection, analysis and presentation of numerical data.
Statistical analysis can, for example, describe the average income of a
population, test whether two groups have the same average income, or
analyze factors that might explain the income level for a particular group.
Statistics theory is used in a very wide variety of fields. For example,
statistics is used to develop and analyze psychological tests and public opinion
surveys, in program evaluation to determine whether a program works or how it
can be improved, in medicine with clinical trials to test the safety and
effectiveness of new drugs, in engineering to look for outliers and anomalies and
to test underlying assumptions and in many other areas.
(Definition of Terms)
Population – totality of observations with which we are concerned.
(should set a criteria)
Sample – part/representative of a population
Variable – characteristic of phenomenon which may be taken differently.
Age, sex, educational attainment, grades in subject
,blood type, Civil Status, body temperature, weight, height.
Constant – values do not change; Citizenship – All Filipino
Parameter – numerical value derived from a population.
Statistic – numerical value derived from a sample.
Classification of Variables
Functional Relationship – ( independent) - and dependent
Nature of Values (quantitative) – discrete obtained through counting and
continuous; qualitative - Nominal
Continuity of values
Level of measurement – nominal, ordinal, interval and ratio
Methods of organization and presentation of data
One of the most important aspects in any statistical investigation is the
manner by which the researcher presents the data.
Classification of variables
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