Essentials of Modern Business Statistics with Microsoft Office Excel (Book Only)
7th Edition
ISBN: 9781337298353
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams
Publisher: South-Western College Pub
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Textbook Question
Chapter 1, Problem 1SE
Discuss the differences between statistics as numerical facts and statistics as a discipline or field of study.
Expert Solution & Answer
To determine
To explain:
The differences between statistics as numerical facts and statistics as a discipline or field of study.
Explanation of Solution
Statistics refers to the numerical outcomes that we have calculated using the sample or we can say which defines the characteristics of the sample. Using the statistics, we make inferences about the population.For e.g.
In the election number of people voted is a statistic as numerical fact which just tell us some fact bout voters.
In a survey of college, we selected 200 students out of 1800 and calculated the average height of students, then average height is the statistic which represents the sample.
Statistics as a discipline or a field of study is a method or way of conducting studies about some data, collecting the data, analyzing data, creating models, making inferences about the population, testing the results.
Statistics as a field of study helps us to apply the specific outcomes to the whole population.
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Chapter 1 Solutions
Essentials of Modern Business Statistics with Microsoft Office Excel (Book Only)
Ch. 1 - Discuss the differences between statistics as...Ch. 1 - Tablet PC Comparison provides a wide variety of...Ch. 1 - Refer to Table 1. 6. a. What is the average cost...Ch. 1 - Table 1. 7 shows data for eight cordless...Ch. 1 - Refer to the data set in Table 1. 7. a. What is...Ch. 1 - J D. Power and Associates surveys new automobile...Ch. 1 - The Kroger Company is one of the largest grocery...Ch. 1 - The Tennessean, an online newspaper located in...Ch. 1 - The Commerce Department reported receiving the...Ch. 1 - The Bureau of Transportation Statistics Omnibus...
Ch. 1 - In a Gallup telephone survey conducted on April...Ch. 1 - The Hawaii Visitors Bureau collects data on...Ch. 1 - Figure 1. 10 provides a bar chart showing the...Ch. 1 - The following data show the number of rental cars...Ch. 1 - The U. S. Census Bureau tracks sales per month for...Ch. 1 - The Energy Information Administration of the U. S....Ch. 1 - A manager of a large corporation recommends a...Ch. 1 - A random telephone survey of 1021 adults (aged 18...Ch. 1 - A Bloomberg Businessweek North American subscriber...Ch. 1 - A survey of 131 investment managers in Barron 's...Ch. 1 - A seven-year medical research study reported that...Ch. 1 - A survey conducted by Better Homes and Gardens...Ch. 1 - Pew Research Center is a nonpartisan polling...Ch. 1 - A sample of midterm grades for five students...Ch. 1 - Table 1. 8 shows a data set containing information...
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