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Paper #001435 :: Statistics: An Essay on its Use in Everyday Life
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This paper defines statistics and shows the numerous ways statistics is applied to everyday life and why it is useful.

Written in 2001; 1,500 words; 9 sources; $ 49.95

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. (Encarta) 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."

Tags: history probability

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