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Definition, limitations and context. One usable definition is: "Misuse of Statistics: Using numbers in such a manner that – either by intent or through ignorance or carelessness – the conclusions are unjustified or incorrect." [1] The "numbers" include misleading graphics discussed in other sources. The term is not commonly encountered in ...
History of statistics. Statistics, in the modern sense of the word, began evolving in the 18th century in response to the novel needs of industrializing sovereign states. In early times, the meaning was restricted to information about states, particularly demographics such as population. This was later extended to include all collections of ...
Statistics (from German: Statistik, orig. "description of a state, a country") [1][2] is the discipline that concerns the collection, organization, analysis, interpretation, and presentation of data. [3][4][5] In applying statistics to a scientific, industrial, or social problem, it is conventional to begin with a statistical population or a ...
The foundations of statistics are the mathematical and philosophical bases for statistical methods. These bases are theoretical frameworks that ground and justify methods of statistical inference, estimation, hypothesis testing, uncertainty quantification, and the interpretation of statistical conclusions. Further, a foundation can be used to ...
Difference in differences (DID [1] or DD [2]) is a statistical technique used in econometrics and quantitative research in the social sciences that attempts to mimic an experimental research design using observational study data, by studying the differential effect of a treatment on a 'treatment group' versus a 'control group' in a natural experiment. [3]
Statistical assumptions can be put into two classes, depending upon which approach to inference is used. Model-based assumptions. These include the following three types: Distributional assumptions. Where a statistical model involves terms relating to random errors, assumptions may be made about the probability distribution of these errors. [5]
A statistic (singular) or sample statistic is any quantity computed from values in a sample which is considered for a statistical purpose. Statistical purposes include estimating a population parameter, describing a sample, or evaluating a hypothesis. The average (or mean) of sample values is a statistic. The term statistic is used both for the ...
Statistics is a field of inquiry that studies the collection, analysis, interpretation, and presentation of data. It is applicable to a wide variety of academic disciplines , from the physical and social sciences to the humanities ; it is also used and misused for making informed decisions in all areas of business and government .