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Assignment 1

Statistics is the collection, analysis, presentation and interpretation of data. It relies on probability theory and is used in government, daily life, social sciences and more. Statistics helps provide understanding of natural phenomena, plan studies, collect data, present data clearly, and draw reliable inferences from samples. Statistics are important for making predictions in areas like weather, medicine, business and quality control. The two fields of statistics are descriptive statistics, which describe what is occurring, and inferential statistics, which allow generalization from samples to populations. The two types of variables are independent variables, which are thought to cause effects, and dependent variables, which are effects that may result.

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132 views

Assignment 1

Statistics is the collection, analysis, presentation and interpretation of data. It relies on probability theory and is used in government, daily life, social sciences and more. Statistics helps provide understanding of natural phenomena, plan studies, collect data, present data clearly, and draw reliable inferences from samples. Statistics are important for making predictions in areas like weather, medicine, business and quality control. The two fields of statistics are descriptive statistics, which describe what is occurring, and inferential statistics, which allow generalization from samples to populations. The two types of variables are independent variables, which are thought to cause effects, and dependent variables, which are effects that may result.

Uploaded by

Marienel Odacrem Orrapac
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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FERLYN S.

PUERTOS HS-S2M

1. What is Statistics?

Statistics is a part of applied arithmetic that includes the assortment, portrayal,


examination, and derivation of ends from quantitative information. The numerical
hypotheses behind insights depend intensely on differential and vital math, direct
variable based math, and likelihood hypothesis.

2. What are the uses of Statistics?

There are different uses of Statistics in the world like for the government, daily
life, social science and many more; however, in general, the following are the
uses:
1. Statistics helps in providing a better understanding and accurate description
of nature’s phenomena.
2. Statistics helps in the proper and efficient planning of a statistical inquiry in
any field of study.
3. Statistics helps in collecting appropriate quantitative data.
4. Statistics helps in presenting complex data in a suitable tabular, diagrammatic
and graphic form for an easy and clear comprehension of the data.
5. Statistics helps in understanding the nature and pattern of variability of a
phenomenon through quantitative observations.
6. Statistics helps in drawing valid inferences, along with a measure of their
reliability about the population parameters from the sample data.

3. Why Statistics important?

Statistics are the sets of mathematical equations that we used to analyze the
things. It keeps us informed about, what is happening in the world around us.
Statistics are important because today we live in the information world and much
of this information’s are determined mathematically by Statistics Help. It means
to be informed correct data and statics concepts are necessary.

i.) Everybody watches weather forecasting. Have you ever think how do you get that
information? There are some computers models build on statistical concepts. These
computer models compare prior weather with the current weather and predict future
weather.
ii.) Statistics mostly used by the researcher. They use their statistical skills to collect the
relevant data. Otherwise, it results in a loss of money, time and data.

iii.) What do you understand by insurance? Everybody has some kind of insurance,
whether it is medical, home or any other insurance. Based on an individual application
some businesses use statistical models to calculate the risk of giving insurance.

iv.) In financial market also statistic plays a great role. Statistics are the key of how
traders and businessmen invest and make money.

v.) Statistics play a big role in the medical field. Before any drugs prescribed, scientist
must show a statistically valid rate of effectiveness. Statistics are behind all the study of
medical.

vi.) Statistical concepts are used in quality testing. Companies make many products on
a daily basis and every company should make sure that they sold the best quality items.
But companies cannot test all the products, so they use statistics sample.

vii.) In everyday life we make many predictions. For examples, we keep the alarm for
the morning when we don’t know that we will be alive in the morning or not. Here we
use statistics basics to make predictions.

viii.) Doctors predict disease on based on statistics concepts. Suppose a survey shows
that 75%-80% people have cancer and not able to find the reason. When the statistics
become involved, then you can have a better idea of how the cancer may affect your
body or is smoking is the major reason for it.

ix.) News reporter makes a prediction of winner for elections based on political
campaigns. Here statistics play a strong part in who will be your governments.

x.) Statistics data allow us to collect the information around the world. The internet is a
devise which help us to collect the information. The fundamental behind the internet is
based on statistics and mathematics concepts.

4. What are the two fields of Statistics?

The field of statistics is divided into two major divisions: descriptive and inferential.
Each of these segments is important, offering different techniques that accomplish
different objectives. Descriptive statistics describe what is going on in
a population or data set. Inferential statistics, by contrast, allow scientists to take
findings from a sample group and generalize them to a larger population. The two types
of statistics have some important differences.
5. What are the two types of variables?

In statistical research, a variable is defined as an attribute of an object of study.


Choosing which variables to measure is central to good experimental design.

You manipulate the independent variable (the one you think might be the cause) and
then measure the dependent variable (the one you think might be the effect) to find out
what this effect might be.
REFERENCES

MARSH, J. (2014). 10 Awesome Reasons Why Statistics are Important.


Retrieved from https://medium.com/@john_marsh7/10-awesome-reasons-why-
statistics-are-important-96b87e283640

CHAPELLOW (2021). Statistics. Retrieved from


https://www.investopedia.com/terms/s/statistics.asp

TAYLOR, C. (2020). The Difference Between Descriptive and Inferential


Statistics. Retrieved from https://www.thoughtco.com/differences-in-descriptive-and-
inferential-statistics-3126224#:~:text=The%20field%20of%20statistics%20is,a
%20population%20or%20data%20set.

BEVANS, R. (2019). Understanding types of variables. Retrieved from


https://www.scribbr.com/methodology/types-of-variables/#:~:text=You%20can%20think
%20of%20independent,outcome%20in%20the%20dependent%20variable. Updated
last August 13, 2020.

Emathzone.com. Retrieved from https://www.emathzone.com/tutorials/basic-


statistics/functions-or-uses-of-statistics.html#:~:text=of%20Statistics%20%7C
%20eMathZone-,Functions%20or%20Uses%20of%20Statistics,in%20collecting
%20appropriate%20quantitative%20data.

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