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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 ...
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 ...
Managerial economics. Managerial economics is a branch of economics involving the application of economic methods in the organizational decision-making process. [ 1] Economics is the study of the production, distribution, and consumption of goods and services. Managerial economics involves the use of economic theories and principles to make ...
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 ...
List of analyses of categorical data. 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.
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.
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 .