Quantitative analysis for business decisions (QABD) |Unit 1 Introduction to statistics
https://sugarybloom.blogspot.com/ Quantitative analysis for business decisions UNIT 1: INTRODUCTION TO STATISTICS click here for qabd tabulation chapter problems New Meaning of Statistics Statistics stands for the numerical information from which certain conclusions can be drawn.So the word statistics is used as "figures of numerical information". Statistics stands for the collection,presentation,analysis and interpretation of numerical information.That is to collect,represent,analyse and draw valid conclusions on the basis of numerical data. Definition of statistics according to Prof.Horace Secrist or Define statistics in plural sense (Same answer for both the questions) Statistics in plural sense or as per Prof.Horace Secrist is defined as "the aggregate of facts affected to a marked extend by multiplicity of causes numerically expressed enumerated or estimated according to a reasonable standard of accuracy collect...