Showing posts with label Importance of Statistics. Show all posts
Showing posts with label Importance of Statistics. Show all posts

Friday, July 30, 2010

Importance of Statistics

Definition:

In this lesson let me help you on importance of statistics with the help of following definition. Statistics is the formal science of creating well-organized use of mathematical data between the groups of individuals. We can study the statistics with help of online tutors. So the online is very helpful to clarify the doubts. Now we will see the definitions and example problems that help with statistics online tutor.

List of Important definitions:

* Population
* Sample
* Variable
* Independent variable
* Dependent variable
* Data
* Statistic
* Parameter

Example 2:

Find the mode of the following sequence of numbers, 55,19,64,88,55,60. This can also help us on what is velocity.

Solution:

The given numbers are 55,19,64,88,55,60.

In the series the number ‘55’ should be occurring twice. Thus, the mode value is 55.

The solution is 55.