Preview

Week 1 Qnt 351

Satisfactory Essays
Open Document
Open Document
592 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Week 1 Qnt 351
[pic]
CERTIFICATE OF ORIGINALITY
I certify that the attached paper is my original work. I am familiar with and acknowledge my responsibilities, which are part of the University of Phoenix Student Code of Academic Integrity. I affirm that any section of the paper which has been submitted previously is attributed and cited as such, and that this paper has not been submitted by anyone else. I have identified the sources of all information whether quoted verbatim or paraphrased, all images, and all quotations with citations and reference listings. Along with citations and reference listings, I have used quotation marks to identify quotations of fewer than 40 words and have used block indentation for quotations of 40 or more words. Nothing in this assignment violates copyright, trademark, or other intellectual property laws. I further agree that my name typed on the line below is intended to have, and shall have, the same validity as my handwritten signature.

Introduction to Statistics

QNT 351

March 22, 2013
Merry Gallo

Introduction to Statistics

Statistics is defined in Statistics for Business and Economics, as the science of data. Involves collecting, classifying, organizing, analyzing, and interpreting numerical information. Statistics is more than just looking at numbers, there is a process involved in obtaining the numerical information. Statistical thinking is helpful as well. This involves applying rational thought and the science of statistics to critically assess data and inferences. It is important to keep in mind that variations exist in populations and processed data.
There are two different types of statistics, descriptive statistics and inferential statistics. Descriptive statistics utilizes numerical and graphical methods to look for patterns in a data set, to summarize the information revealed in a data set, and to present the information in a convenient form. Inferential statistics utilizes sample data to make



References: This is a hanging indent. To keep the hanging indent format, simply delete this line of text using the backspace key, and replace the information with your reference entry.

You May Also Find These Documents Helpful

  • Satisfactory Essays

    References: This is a hanging indent. To keep the hanging indent format, simply delete this line of text using the backspace key, and replace the information with your reference entry.…

    • 318 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    References: This is a hanging indent. To keep the hanging indent format, simply delete this line of text using the backspace key, and replace the information with your reference entry.…

    • 140 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    Statitics is the idea of collecting data and analysing it in large quantatites. When statistics are used in behavorial sciences it is used for the purpose of dividing into descriptive and inferential. Behavorial sciences are the analysis of things such as human beings and or animals. When looking into important information about humans and animals statistics are the way things are analyzed and processed for future. Statistics uses things like graphs and symbols and turn into information that is able to be used in studies such as behavorial sciences.…

    • 385 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Statistics involves the development of methods and tests that are used to quantitatively define the variability inherent in data, the probability of certain outcomes, and the error and uncertainty associated with those outcomes. Some statistics are biased, some are based on opinions, and some are fabricated.…

    • 498 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Statistics are pervasive and its basic concepts have become essential to modern business practice. Students in this…

    • 3026 Words
    • 23 Pages
    Powerful Essays
  • Better Essays

    I certify that the attached paper is my original work. I am familiar with, and acknowledge my responsibilities which are part of, the University of Phoenix Student Code of Academic Integrity. I affirm that any section of the paper which has been submitted previously is attributed and cited as such, and that this paper has not been submitted by anyone else. I have identified the sources of all information whether quoted verbatim or paraphrased, all images, and all quotations with citations and reference listings. Along with citations and reference listings, I have used quotation marks to identify quotations of fewer than 40 words and have used block indentation for quotations of 40 or more words. Nothing in this assignment violates copyright, trademark, or other intellectual property laws. I further agree that my name typed on the line below is intended to have, and shall have, the same validity as my handwritten signature.…

    • 1178 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Statistics in Sports

    • 1085 Words
    • 5 Pages

    Statistics is a mathematical science pertaining to the collection, analysis, interpretation or explanation, and presentation of data. It is applicable to a wide variety of academic disciplines, from the physical and social sciences to the humanities. Statistics are also used for making informed decisions – and misused for other reasons – in all areas of business and government. Statistical methods can be used to summarize or describe a collection of data; this is called descriptive statistics. In addition, patterns in the data may be modeled in a way that accounts for randomness and uncertainty in the observations, and then used to draw inferences about the process or population being studied; this is called inferential statistics. Both descriptive and inferential statistics comprise applied statistics. There is also a discipline called mathematical statistics, which is concerned with the theoretical basis of the subject. Stats or statistics are used in all sports as well as in all aspects of life. Statistics is used in sports to measure a players ability in specific areas of the game. Stats or statistics are used in all sports.…

    • 1085 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Statistics

    • 346 Words
    • 2 Pages

    Statistics is a way of gathering, analyzing, interpreting and presenting data so that it becomes more meaningful. It helps convert raw data into useful information. Statistics is therefore a collection of information. Statistics can be presented in graphical form to make it more appealing and easily understandable by the users. Statistics can be descriptive or inferential. Descriptive statistics have to do with methods in a data set that utilizes numerical and graphical to look for patterns to summarize the information revealed in a data set, and to present the information in a convenient form.…

    • 346 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Basic Statistics

    • 730 Words
    • 3 Pages

    Statistics is the study of the collection, organization, analysis, interpretation, and presentation of data. It deals with all aspects of this, including the planning of data collection in terms of the design of surveys and experiments.…

    • 730 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Introduction to Statistics

    • 1490 Words
    • 6 Pages

    There are two types of statistics 1. Descriptive Statistics is concerned with summary calculations, graphs, charts and tables. 2. Inferential Statistics is a method used to generalize from a sample to a population. For example, the average income of all families (the population) in India can be estimated from figures obtained from a few hundred (the sample) families.…

    • 1490 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Two Weight Loss Methods

    • 1169 Words
    • 5 Pages

    I certify that the attached paper is my original work. I am familiar with, and acknowledge my responsibilities which are part of, the University of Phoenix Student Code of Academic Integrity. I affirm that any section of the paper which has been submitted previously is attributed and cited as such, and that this paper has not been submitted by anyone else. I have identified the sources of all information whether quoted verbatim or paraphrased, all images, and all quotations with citations and reference listings. Along with citations and reference listings, I have used quotation marks to identify quotations of fewer than 40 words and have used block indentation for quotations of 40 or more words. Nothing in this assignment violates copyright, trademark, or other intellectual property laws. I further agree that my name typed on the line below is intended to have, and shall have, the same validity as my handwritten signature.…

    • 1169 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Statics in Business

    • 603 Words
    • 2 Pages

    Statistics means different things to different people. According to the Merriam-Webster Dictionary, Statistics is the practice or science of dealing with the collection, analysis, interpretation, and presentation of numerical data. Basic statistic data are collected by statisticians or mathematicians. There are different types and levels of statistics. The different levels call for different statistical techniques. There are four types; the lowest of the four ways to characterize data is Nominal. Nominal data deals with names, categories and or labels. The data at the nominal level is qualitative data that cannot be ordered. The next level can be ordered is Ordinal. No differences between the data can be…

    • 603 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    I certify that the attached paper is my original work. I am familiar with, and acknowledge my responsibilities which are part of, the University of Phoenix Student Code of Academic Integrity. I affirm that any section of the paper which has been submitted previously is attributed and cited as such, and that this paper has not been submitted by anyone else. I have identified the sources of all information whether quoted verbatim or paraphrased, all images, and all quotations with citations and reference listings. Along with citations and reference listings, I have used quotation marks to identify quotations of fewer than 40 words and have used block indentation for quotations of 40 or more words. Nothing in this assignment violates copyright, trademark, or other intellectual property laws. I further agree that my name typed on the line below is intended to have, and shall have, the same validity as my handwritten signature.…

    • 334 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Role of Statistics

    • 334 Words
    • 2 Pages

    Statistics is the practice of gathering, sorting, and categorizing numerical information in an organized format that can be used to acquire results to specific problems. According to McClave, Benson, and Sincich (2011), “Statistics is the science of data. It involves collecting, classifying, summarizing, organizing, analyzing, and interpreting numerical information” (p. 3).…

    • 334 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Lecture Stat

    • 14113 Words
    • 57 Pages

    Statistics is a scientific body of knowledge that deals with the collection, organization or presentation, analysis, and interpretation of data.…

    • 14113 Words
    • 57 Pages
    Powerful Essays