Practical Statistics

Paper Summary:

This paper discusses the way the study of statistics has developed over time and how it is used in a practical manner today. It looks at the history of this topic and how scholars have helped it progress into an independent academic study. Examines some of the famous statistics that are used in everyday life - divorce rate, GDP, high school drop-out rate, poverty rate, literacy rate etc.

From the Paper:

"Statistics is a branch of mathematics dealing with the collection, organization and analysis of numerical data the application of this information to make informed decisions in a variety of applications. Statistical results may be used to forecast business trends, define the extent of prevailing opinion throughout a given population, changes in availability of resources or assets, and provide quantifiable answers to questions in almost every type of business, social or political area. Professor Edwards of the Andover Theological Seminary defined statistics as "the ascertaining and bringing together of those facts which are fitted to illustrate the conditions and prospects of society." "

More papers on Practical Statistics:

• Essay # 32771 : "Statistics in a Manufacturing Facility"
• Essay # 90901 : "Descriptive Statistics"
• Comparison Essay # 57397 : "Inferential Statistics vs. Single Case Designs"

APA Citation:

MLA Citation: