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The GAISE document provides a two-dimensional framework, [11] specifying four components used in statistical problem solving (formulating questions, collecting data, analyzing data, and interpreting results) and three levels of conceptual understanding through which a student should progress (Levels A, B, and C). [12]
Statistics is both a formal science and a practical theory of scientific inquiry, and both aspects are considered in statistics education. Education in statistics has similar concerns as does education in other mathematical sciences, like logic, mathematics, and computer science. At the same time, statistics is concerned with evidence-based ...
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Statistics subsequently branched out into various directions, including decision theory, Bayesian statistics, exploratory data analysis, robust statistics, and non-parametric statistics. Neyman-Pearson hypothesis testing made significant contributions to decision theory, which is widely employed, particularly in statistical quality control.
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.
Largest repository of education data: The UIS is the repository of the world's most comprehensive education database. [citation needed] More than 200 countries and territories participate in the UIS annual education survey, which is the basis for calculating a wide range of indicators, from female enrollment in primary education to the mobility of higher education students.
In business, "statistics" is a widely used management-and decision support tool. It is particularly applied in financial management, marketing management, and production, services and operations management. [69] [70] Statistics is also heavily used in management accounting and auditing.
The theory of statistics provides a basis for the whole range of techniques, in both study design and data analysis, that are used within applications of statistics. [1] [2] The theory covers approaches to statistical-decision problems and to statistical inference, and the actions and deductions that satisfy the basic principles stated for these different approaches.