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Statistics is a field of inquiry that studies the collection, analysis, interpretation, and presentation of data. It is applicable to a wide variety of academic disciplines , from the physical and social sciences to the humanities ; it is also used and misused for making informed decisions in all areas of business and government .
List of fields of application of statistics; List of graphical methods; List of statistical software. Comparison of statistical packages; List of graphing software; Comparison of Gaussian process software; List of stochastic processes topics; List of matrices used in statistics; Timeline of probability and statistics; List of unsolved problems ...
The report includes a brief history of the introductory statistics course and recommendations for how it should be taught. In many colleges, a basic course in "statistics for non-statisticians" has required only algebra (and not calculus); for future statisticians, in contrast, the undergraduate exposure to statistics is highly mathematical.
The GAISE College Report begins by synthesizing the history and current understanding of introductory statistics courses and then lists goals for students based on statistical literacy. [13] Six recommendations for introductory statistics courses are given, namely: [14] Emphasize statistical thinking and literacy over other outcomes
A typical "Business Statistics" course is intended for business majors, and covers [70] descriptive statistics (collection, description, analysis, and summary of data), probability (typically the binomial and normal distributions), test of hypotheses and confidence intervals, linear regression, and correlation; (follow-on) courses may include ...
inferential statistics – the part of statistics that draws conclusions from data (using some model for the data): For example, inferential statistics involves selecting a model for the data, checking whether the data fulfill the conditions of a particular model, and with quantifying the involved uncertainty (e.g. using confidence intervals).
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A common collection of order statistics used as summary statistics are the five-number summary, sometimes extended to a seven-number summary, and the associated box plot. Entries in an analysis of variance table can also be regarded as summary statistics. [1]: 378
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