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Define Statistics

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Define Statistics

More than 100 years ago H.G. Wells, an English author and historian, suggested that one day quantitive reasoning will be as necessary for effective citizenship as the ability to read”. This author was ahead of his times because it affected all the aspects of life, business and personal. Statistics is the science of collecting, organizing, presenting, analyzing, and interpreting data to assist in making a more effective decision. We use statistics everyday of our lives from the moment we wake up and start making decisions to the moment we put our heads back in the pillow at night to go to sleep. Almost every type of major requires us take a course of statistics. There are three major reasons; the first one is because there is numerical information everywhere, second one is that statistical techniques are used to make decisions that affect our daily lives. The third reason is that having the knowledge of statistical methods will help us have a better understanding of how decisions are made and how they affect us.
Types and Levels of Statistics
The types of statistics are, Descriptive Statistics and Inferential Statistics. Descriptive statistics is the method of organizing, summarizing and presenting the data in an informative way. The text use an example of a presentation of the population of the United States from the 1960’s till the present showing the increase on the population throughout the years.
Inferential statistics is the method used to estimate a property of a population on the basis of a sample. What this means they refer to population as a group of people, example “the Cuban population in Miami Florida” that will be consider a specific population. A sample will be utilizing a group of people from this population to conduct a particular study like the average annual income, level of education or any other study you want to

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