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Meaning of statistics
The study of the collection, analysis, interpretation, presentation, and organization of data.
Etymology of statistics
The word "statistics" has its roots in the German word "Statistik", which refers to the study of statecraft or the analysis of data related to the state.
The term "statistics" was first used in the 18th century to describe the collection and analysis of data related to the state, such as population size, economic activity, and trade.
Over time, the field of statistics has expanded to include a wide range of applications, from social sciences to natural sciences, and from descriptive statistics to inferential statistics.
Synonyms
Definitions
- The study of the collection, analysis, interpretation, presentation, and organization of data, especially in large quantities, to identify patterns, trends, and correlations.
- * A branch of mathematics that deals with the collection, analysis, interpretation, presentation, and organization of data, especially in large quantities, to make informed decisions or predictions.
Usage Examples
- The company uses statistical analysis to identify trends in customer behavior and preferences.
- * The researcher collected and analyzed data on the effectiveness of a new medication, using statistical methods to determine its significance.
- * The government agency publishes statistical reports on economic indicators, such as GDP and inflation rate.