Psych Stat

    Subdecks (4)

    Cards (122)

    • Statistics
      A branch of mathematics taking and transforming numbers into useful information for decision makers
    • Statistics
      • Methods for processing & analysing numbers
      • Methods for helping reduce the uncertainty inherent in decision making
    • Statistics is the science that deals with the collection, organization, presentation, analysis and interpretation of data to come up with meaningful numerical observations of almost any kind
    • Statistical data
      • Figures on important information's on tax return, populations, birth, deaths, trade and others that are considered important information to the state
    • Statistics plays an important role in gathering information that are observable or measurable on each and every individual or entity of the study
    • The information that will be gathered is based on the characteristics with which units of measurement of interest are being described or with which inferences are made
    • Two Major Areas of Statistics
      • Descriptive Statistics
      • Inferential Statistics
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