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Statistics (from German: Statistik, orig. "description of a state, a country") [ 1][ 2] is the discipline that concerns the collection, organization, analysis, interpretation, and presentation of data. [ 3][ 4][ 5] In applying statistics to a scientific, industrial, or social problem, it is conventional to begin with a statistical population or ...
Data analysis is the process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making. [ 1] Data analysis has multiple facets and approaches, encompassing diverse techniques under a variety of names, and is used in different business, science ...
Business analytics. Business analytics ( BA) refers to the skills, technologies, and practices for iterative exploration and investigation of past business performance to gain insight and drive business planning. Business analytics focuses on developing new insights and understanding of business performance based on data and statistical methods.
Environmental statistics is the application of statistical methods to environmental science. Weather, climate, air and water quality are included, as are studies of plant and animal populations. Epidemiology is the study of factors affecting the health and illness of populations, and serves as the foundation and logic of interventions made in ...
Statistical process control ( SPC) or statistical quality control ( SQC) is the application of statistical methods to monitor and control the quality of a production process. This helps to ensure that the process operates efficiently, producing more specification-conforming products with less waste scrap. SPC can be applied to any process where ...
High school. Business mathematics, sometimes called commercial math or consumer math, is a group of practical subjects used in commerce and everyday life. In schools, these subjects are often taught to students who are not planning a university education. In the United States, they are typically offered in high schools and in schools that grant ...
Statistical database. A statistical database is a database used for statistical analysis purposes. It is an OLAP (online analytical processing), instead of OLTP (online transaction processing) system. Modern decision, and classical statistical databases are often closer to the relational model than the multidimensional model commonly used in ...
Statistics, in the modern sense of the word, began evolving in the 18th century in response to the novel needs of industrializing sovereign states . In early times, the meaning was restricted to information about states, particularly demographics such as population. This was later extended to include all collections of information of all types ...