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A statistic (singular) or sample statistic is any quantity computed from values in a sample which is considered for a statistical purpose. Statistical purposes include estimating a population parameter, describing a sample, or evaluating a hypothesis. The average (or mean) of sample values is a statistic. The term statistic is used both for the ...
A descriptive statistic (in the count noun sense) is a summary statistic that quantitatively describes or summarizes features of a collection of information, [27] while descriptive statistics in the mass noun sense is the process of using and analyzing those statistics.
Greek letters (e.g. θ, β) are commonly used to denote unknown parameters (population parameters). [3]A tilde (~) denotes "has the probability distribution of". Placing a hat, or caret (also known as a circumflex), over a true parameter denotes an estimator of it, e.g., ^ is an estimator for .
a measure of location, or central tendency, such as the arithmetic mean; a measure of statistical dispersion like the standard mean absolute deviation; a measure of the shape of the distribution like skewness or kurtosis; if more than one variable is measured, a measure of statistical dependence such as a correlation coefficient
Writing systems are used to record human language, and may be classified according to certain common features.. The usual name of the script is given first; the name of the languages in which the script is written follows (in brackets), particularly in the case where the language name differs from the script name.
The use of descriptive and summary statistics has an extensive history and, indeed, the simple tabulation of populations and of economic data was the first way the topic of statistics appeared. More recently, a collection of summarisation techniques has been formulated under the heading of exploratory data analysis : an example of such a ...
The mean and the standard deviation of a set of data are descriptive statistics usually reported together. In a certain sense, the standard deviation is a "natural" measure of statistical dispersion if the center of the data is measured about the mean. This is because the standard deviation from the mean is smaller than from any other point.
Statistical literacy is the ability to understand and reason with statistics and data. The abilities to understand and reason with data, or arguments that use data, are necessary for citizens to understand material presented in publications such as newspapers , television , and the Internet .