II (Nov. 2014), PP 43-49 www.iosrjournals.org The Application of Statistics to the Different Areas of Business Dr. Mcchester Odoh And Dr. Ihedigbo Chinedum E. Department Of Computer Science Michael Opara University Of Agriculture, Umudike, Abia State I. But, today computer means not merely a “calculator”. Today people use computers inalmost every walk of life. 33 18 The arithmetic mean, more commonly known as “the average,” is the sum of a list of numbers divided by the number of items on the list. Operations research (OR) uses clustering, graph theory, neural networks, and time series, and also depends on simulation and optimization. Statistics itself is a complex subject; this is the reason ANOVA in statistics is very quite difficult. Learn financial accounting online with this class. Inference: Is made when the null hypothesis is rejected or not rejected, based on the evidence that the comparison of p-values and α brings. of analysis usually encountered in particle physics. Besides its capacity to process large amounts of data, it also analyses data with the help of a number of statistical procedures. Descriptive analysis is also called a ‘univariate analysis’ since it is commonly used to analyze a single variable. The definition of what is meant by statistics and statistical analysis has changed considerably over the last few decades. Excel is not a statistics package, more so for the very limited range of analysis tools available in it than for its naïve numerical algorithms. 4. Automation: the computer programmes are automatic in nature. INTRODUCTION TO STATISTICS R Dh@ker, Lecturer, PCNMS 1 2. findings. An overview of most common Statistical packages for data analysis Antonio Lucadamo Universit a del Sannio - Italy antonio.lucadamo@unisannio.it Workshop in Methodology of Teaching Statistics Novi Sad, December, 13 - 2011. Actually, the statistical analysis helps to find meaning to the meaningless numbers. ... Statistical presentation and analysis of data in the present study were conducted using software program SPSS Version21. The mean is useful in determining the overall trend of a data set or providing a rapid snapshot of your data. See our Privacy Policy and User Agreement for details. Spreadsheet programs include a number of built-in statistical functions. It does vastvariety of jobs with tremendous speed and efficiency. Inferential statistics. Researchers are experiencing a transition from manual analysis with paper to more efficient digital/electronic analysis with statistical software (SS). Time series analysis and temporal autoregression 17.1 Moving averages 588 17.2 Trend Analysis 593 17.3 ARMA and ARIMA (Box-Jenkins) models 599 17.4 Spectral analysis 608 18 Resources 611 18.1 Distribution tables 614 18.2 Bibliography 629 18.3 Statistical Software 638 18.4 Test Datasets and data archives 640 18.5 Websites 653 Machine learning, on the other hand, refers to a group of techniques used by data scientists that allow computers to learn from data. Brace, N, Kemp, R, Snelgar, R (2000). Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Statistics in computer science are used for a number of things, including data mining, data compression and speech recognition. It identifies the prerequisites of producing world-class studies by using modern SS … Statistics (or statistical analysis) is the process of collecting and analyzing data to identify patterns and trends. Using of SPSS FREQUENCY ANALYSIS Frequency analysis is a descriptive statistical method that shows the number of occurrences of each response chosen by the respondents. 0000003041 00000 n 50 0 obj<>stream 0000001266 00000 n The data seems too massive to handle, and you have some doubts about som… What is ANOVA? But today’s data volumes make statistics ever more valuable and powerful. Speed: computers can perform calculations in just a few seconds that a human beings would need weeks to do. According to Kendrick (1997:1) statistics are, “numbers that help us find patterns in data, such as averages and medians.” We will use gender (female), reading score (read) and social studies score (socst) as predictor variables in this model. We discuss this concept in more detail than usually done in textbooks and base the treatment of inference problems as far as possible on the likelihood function only, as is common in the majority of the nuclear and particle physics community. Analysis of the properties of a food material depends on the successful completion of a number of different steps: planning (identifying the most appropriate analytical procedure), sample selection, sample preparation, performance of analytical procedure, statistical analysis of measurements, and data reporting. It's a method of using numbers to … STATISTICS PROJECT TOPICS AND MATERIALS with already well written Chapters 1-5 content. Descriptive statistics organize data from a sample using indexes. Sociologists seek the help of statistical tools to study cultural change in the society, family pattern,prostitution,crime,marriage system etc.They also study statistically the relation between prostitution and poverty, crime and poverty,drunkness and crime, illiteracy and crime etc.Thus statistics is of immense use in various sociological studies. IOSR Journal of Business and Management (IOSR-JBM) e-ISSN: 2278-487X, p-ISSN: 2319-7668. As quantitative research grows, application of statistical software (SS) becomes a more crucial part of data analysis. Thus, computers help in data entry, data editing, data management including follow up actions etc. Introduction to statistics...ppt rahul 1. Actually, the statistical analysis helps to find meaning to the meaningless numbers. W… 0000000954 00000 n If you continue browsing the site, you agree to the use of cookies on this website. INTRODUCTION The word statistics conveys a variety of meaning to people in different walks of life. Computers provide the best alternative for more than one reason. They are: 1) An input device (keyboard and mouse) 2) A central processing unit (CPU) and 3) An output device (monitor and/or printer) Important characteristics of a computer 1. 0000001355 00000 n The use of modern computers has expedited large-scale statistical computations and has also made possible new methods that are impractical … Nevertheless, it has a useful role in the analysis of data. 33 0 obj <> endobj science, computer engineering, statistics, biology and bioinformatics subjects. 0000001445 00000 n There are two main statistical techniques which help in statistical data analysis: descriptive statistics and inferential statistics. Statwing is one of the fastest statistical tools available in the market. Clinical Trial Design. xref Computers have become a subject of study at schools.Electronic computers have now become an indispensable part of every profession: sodo research. ANOVA( Analysis of variance): It is a statistical approach to compare events, groups or processes, and find out the difference between them. One of the most important applications of statistical analysis is in … A chart background design for presentations on data science projects and statistics. For example, it is useful for understanding the main features of the data, for detecting outliers, and data which has been recorded incorrectly. Here the data usually consist of a set of observed events, e.g. But today’s data volumes make statistics ever more valuable and powerful. In some data sets, the mean is also closely related to the mode and the median (two other measurements near the … computer screen which can be cut and paste . It gives many options for statistical analysis and offers output in the form of tables, graphs, pie-charts and other diagrams. Origin and Develop­ment of Statistics: Today, statistics or more specifically statistical method is used extensively in almost all phases of human endeavour. What is Excel’s Use in the Analysis of Scientific Data? Imagine you've just spent weeks, months, or even years gathering data for a research project, and now you want to analyze it all to find out what it means. 0 So what can you do? Presentation, Analysis and Interpretation of data Lovely Ann H Azanza ObjectivesAfter studying this lesson you are expected to:1.Be able to present the results of your collected data. | PowerPoint PPT presentation | free to view A statistical background is essential for understanding algorithms and statistical properties that form the backbone of computer science. It is very important to cooperate within study program in different subjects of computer science, statistics and bioinformatics. Before the calculation of descriptive statistics, it is sometimes a good idea to present data as tables, charts, diagrams or graphs. Standard deviation is the variability within a data set around the mean value. 2. 0000003860 00000 n • Qualitative analysis is easier than quantitative analysis • Data have their own meaning • Stating limitations weakens the evaluation • Computer analysis … 2. To do so, the use of statistical data is crucial. We have included all the required information that will help you know about What is the Use of ANOVA in Statistics. %PDF-1.6 %���� The master students will be trained to approach multidisciplinary tasks from their own scientific discipline. A great number of tools are available to carry out statistical analysis of data, and below we list (in no particular order) the seven best packages suitable for human behavior research. Traditional methods for statistical analysis – from sampling data to interpreting results – have been used by scientists for thousands of years. By the end of this course students will be able to perform a basic statistical data analysis; Create a database, choose and perform optimal statistical procedures and be able to correctly interpret and present results. In ancient times, it dealt with the affairs of the state, like collection of information (or data) regarding population and property or […] PRESENTATION OF DATA 1.1 INTRODUCTION Once data has been collected, it has to be classified and organised in such a way that it becomes easily readable and interpretable, that is, converted to information. Roles of Statisticians Statistician John Tukey (1915-2000) was key in developing ideas embraced by statisticians, such as exploratory techniques in order to better understand the data, which then leads to procedures such as hypothesis testing. Statistics is an important field of study because of its application in almost all walks of life. science, computer engineering, statistics, biology and bioinformatics subjects. STATISTICAL ANALYSIS USING COMPUTER SPSS – DR. MYLENE C. BRIÑOSA Aminah In the same way as engineers who wish to gain a depth understanding of turbulence, social scientists will use experiments and surveys to flesh out a theory. Computers also allow for greater flexibility in recording the data while they are collected as well as greater ease during the analysis of these data.In research studies, the preparation and inputting data is the most labour-intensive and time consuming aspect of the work. In 1996, for the first time, the term Data Science was included in the title of a statistical conference (International Federation of Classification Societies (IFCS) “Data Science, classification, and related methods”) [ 37 ]. Statistical Analysis PowerPoint Template has a background image of a chart or graph and is useful for … We discuss this concept in more detail than usually done in textbooks and base the treatment of inference problems as far as possible on the likelihood function only, as is common in the majority of the nuclear and particle physics community. Affordable storage, powerful computers and advanced algorithms have all led to an increased use of computational statistics. Click on any to read its Contents for MSC, BSC, HND A highly representative sample produces very little error, but a big gap between sample and population creates misleading data… Whereas a human mind can remember limited information and unimportant data can be forgot sometimes. x�b```f``:�����x�����2�@q� �)����+N%�=�~������߽) Analysis of variance (ANOVA) is a group of statistical models and their related estimation systems. 0000002336 00000 n Likelihood is a central concept of statistical analysis and its foundation is the likelihood principle. It can help you understand which method is more suitable for executing a task. There are few well know statistics are the average (or “mean”) value, and the “standard deviation” etc. Statistician John Tukey (1915-2000) was key in developing ideas embraced by statisticians, such as exploratory techniques in order to better understand the data, which then leads to procedures such as hypothesis testing. of various statistical techniques/methods through the use of computer. Statisticians put much importance on the rigor of their analyses and incorporate theory into solving problems of uncertainty. particle collisions or decays, as opposed to the data of a radio astronomer, who deals with a signal measured as a function of time. The role of statistics in computer science is very similar to that of mathematics in computer science. Statistics Canada (StatsCan): Canada's government agency responsible for producing statistics for a wide range of purposes, including the country's economy and cultural makeup. Banks use statistics for a great number of the services they offer. Use of Computer in Data Processing and TabulationResearch involves large amounts of data, which can be handled manually or by computers. OutlineIntroduction to Multidimensional Data AnalysisMultidimensional techniquesStatistical packages ADVERTISEMENTS: Use of Statistics in Economics: Origin, Meaning and Other Details! 0000004573 00000 n The word computermeans “something which computes or a machine for performing calculationsautomatically”. if write ge 30 and write le 48 write3 = 1. 2.1 Introduction. Going through all that data is going to be quite the challenge. That's to supply insight towards understanding of population based data for effective analysis, modelling and interpretation of same. The topic of time series analysis is therefore omitted, as is analysis of variance. ��B�E@%��[M�� U�͋`�g. Improper statistical analyses distort scientific findings, mislead casual readers (Shepard, 2002)5, and may negatively influence the public perception of research. 0000001533 00000 n Researchers need ways to sort the relevant factors from the irrelevant to make statistical analysis possible. Data analysis is much more than doing formal analyses and calculating P-values. relation statistics-computer is to list the different ways the computer can be used in statistics. trailer SPSS is short for Statistical Package for the Social Sciences, and it’s used by various kinds of researchers for complex statistical data analysis. The use of graphs and summary statistics for understanding data is an important first step in the undertaking of any statistical analysis. 0000005306 00000 n Here the task is to arrive at general theories about one of the most complex subjects: human behavior. Computers are useful not only for statistical analyses, but also to monitor theaccuracy and completeness of the data as they are collected.5) Role of Computers in Research Dissemination This phase is the publication of the research study.Research publishing: The research article is typed in word format and converted toportable data format (PDF) and … 1. Role of computers in research Computers have always assisted to solve the problems faced by the mankind.Since the time of invention, the size of the computers has drastically reduced fromthat of a room to that can be accommodated in a human palm. Statistical analysis requires the use of statistical software. Data mining includes techniques that are not considered typically in statistics such as radial basis function networks and genetic algorithms. SAMPLING AND DATA ANALYSIS . Other areas where statistics are use in computer science include vision and image analysis, artificial intelligence and network and traffic modeling. It is very important to cooperate within study program in different subjects of computer science, statistics and bioinformatics. This is useful for big data projects and Statistics. Some research projects are even abandoned when the researchers come to the stage of processing and analyzing all the data collected from sources, called raw data. An attempt has been made to cover computer aided analysis (using various statistical packages) related to Descriptive Statistics, Test of Significance, Design and Analysis of Experiment, Non parametric method, See our User Agreement and Privacy Policy. • Complex analysis and big words impress people. Descriptive Statistics and other Statistical methods: Tools Data Analysis Statistical method. Likelihood is a central concept of statistical analysis and its foundation is the likelihood principle. Free Statistical Analysis PowerPoint Template is a visual representation of some business data or a progress report in any field of life. <<2BBDF7C02DDF0B4CBAD9E19E3EF4D1AB>]>> Statistical software are specialized computer programs which help you to collect, organize, analyze, interpret and statistically design data. Repeated measures logistic regression Factorial ANOVA Friedman test Reshaping data Ordered logistic regression – A free PowerPoint PPT presentation (displayed as a Flash slide show) on PowerShow.com - id: 462f33-MTE2Y 0000007058 00000 n Statwing. 0000000656 00000 n A computer has three basic components. The role of statistics in business management is pivotal. The master students will be trained to approach multidisciplinary tasks from their own scientific discipline. So, a “statistic” is nothing but some numerical value to that can describe certain property of your data set. The Role of Statistics in Banking. Statistical Analysis in Bioinformatics - 12/1/20 - 1/26/21 How long does a student have to apply to and complete the full UMGC degree? startxref determine their statistical data analysis needs ; enable staff handling statistics in Africa to acquire knowledge to use statistical packages to process, and analyse data to support planning and monitoring of development programmes ; Choosing a statistical package to use requires analysis of the cost, data analysis needs and the licensing policy. The decision to use computer software to aid analysis in a particular project may be influenced by a number of factors, such as the nature of the data and the researcher's preferred approach to data analysis which will have as its basis certain epistemological and ontological assumptions. �� At its core, data science is a field of study that aims to use a scientific approach to extract meaning and insights from data. 0000000016 00000 n It is an important branch of mathematics. 0000006506 00000 n Almost without exception, the errors in computing are due to human rather than to technological weakness. A bank works on the idea that someone will deposit their money and not withdraw all of it later on. Inferential statistics are used to make predictions about a larger population after research and data analysis of the representing population’s collected sample. Today, statistical methods are applied in all fields that involve decision making, for making accurate inferences from a collated body of data and for making decisions in the face of uncertainty based on statistical methodology. Accuracy: the computer’s accuracy is consistently high. The close relationship between statistics and computing implies that when one We can also calculate the mean, median, and mode to help users analyze the results and draw conclusions. SPSS (IBM) SPSS, (Statistical Package for the Social Sciences) is perhaps the most widely used statistics software package within human behavior research. Users can … Outliers are extreme The following are examples of such uses: numerical and graphical data analy- sis; symbolic computations; simulations; storing statistical knowledge; presentation of results. It was was originally launched in 1968 by SPSS Inc., and was later acquired by IBM in 2009. Experiment and statistical analysis: This is when the experiment is really implemented following the appropriate experimental design, data is collected and the more suitable statistical tests are evaluated. So, a “statistic” is nothing but some numerical value to that can describe certain property of your data set. Effective use of internet & computer for Academic Research | by SIDDHADREAMS, Application of computer in chemical industry, Research Methodology (Empirical Legal Research), Application of internet computer in legal research, Data analysis – using computers for presentation, No public clipboards found for this slide. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Required readings. i. e. due to imprecise thinking by the programmer or due to inaccurate data or due to poorly designed system. You also need to know which data type you are dealing with to choose the right visualization method. Think of data types as a way to categorize different types of variables. Data-driven marketing, financial services, online services providers, and insurance companies are among the main users of predictive analytics. Lafferty also studies semi-supervised learning, a machine-learning technique where a human trains the computer to categorize inputs, such as speech or images, and then turns it … Data Science as a scientific discipline is influenced by informatics, computer science, mathematics, operations research, and statistics as well as the applied sciences. 0000005942 00000 n Looks like you’ve clipped this slide to already. Predictive analytics uses statistical algorithms and machine learning techniques to define the likelihood of future results, behavior, and trends based on both new and historical data. Clipping is a handy way to collect important slides you want to go back to later. • Analysis comes at the end when there is data to analyze. It is the analysis, interpretation, preservation, and presentation of data. There are few well know statistics are the average (or “mean”) value, and the “standard deviation” etc. Having a good understanding of the different data types, also called measurement scales, is a crucial prerequisite for doing Exploratory Data Analysis (EDA), since you can use certain statistical measurements only for specific data types. The SPSS software package was created for the management and statistical analysis of social science data. To ensure that your program remains relevant and up-to-date, UMGC sets time limits for completing a program. Storage: end number of data can be stored in the computer and retrieved when needed. We will use a logit link and on the print subcommand we have requested the parameter estimates, the (model) summary statistics and the test of the parallel lines assumption. Statistics and mathematics: Statistics are intimately related recent advancements in statistical technique are the outcome of wide applications of mathematics. 0000003136 00000 n If researchers collect data using faulty or biased procedures, resulting statistical analysis will be misleading.The term "sampling error" denotes the gap between the sample population and the actual population. Data miners use many analysis techniques from statistics. A statistical test is only as good as the data it analyzes. 0000001624 00000 n %%EOF If you continue browsing the site, you agree to the use of cookies on this website. You can change your ad preferences anytime. Another advantage of the mean is that it’s very easy and quick to calculate.Pitfall:Taken alone, the mean is a dangerous tool. 0000000892 00000 n Affordable storage, powerful computers and advanced algorithms have all led to an increased use of computational statistics. Individual instructions to perform which programme is needed sometimes.physiovipin@hotmail.com 1. 2R Dh@ker, Lecturer, PCNMS The word statistics comes from the Italian words Statista ( … Volume 16, Issue 11.Ver. The software is easy to use, but that does not mean it is problem-free. Now customize the name of a clipboard to store your clips. Abstract. What statistical analysis should I use? We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. Statistical analysis is also at the heart of most social science experiments. 6. In this paper the writer is going to discuss the importance of statistics in her area of study which is Educational Management. Following areas would use statistics - Data analytics - Big as well as small companies invest a lot in R&D and have huge payouts for Data scientists and Data engineers. 1. Traditional methods for statistical analysis – from sampling data to interpreting results – have been used by scientists for thousands of years. Statistics have been especially useful in speech recognition software with the … View AMINAH CLERIGO_STAT ACTIVITIES from the FIRST PPT SENT.pdf from AMA UNIVER 238,133 at AMA University Online Education. These theories inform the methods to help establish sci… You can also use statistics in accounting to create projections for the next fiscal year. Integrity issues are just as relevant to analysis of non-statistical data as well. 3. That your program remains relevant and up-to-date, UMGC sets time limits for completing program! Large amounts of data types as a way to collect, organize,,. Establish sci… science, computer engineering, statistics, it is very quite difficult statistics R Dh @,! Genetic algorithms theories inform the methods to help users analyze the results and draw conclusions much more than formal... The market think of data in the form of tables, charts, diagrams or.. Profession: sodo research integrity issues are just as relevant to analysis of social data... Analyzing data to analyze understanding of population based data for effective analysis, interpretation preservation! Master students will be trained to approach multidisciplinary tasks from their own scientific discipline predictive analytics storage powerful... Descriptive statistics, it is the variability within a data set or providing a rapid snapshot of data! On data science projects and statistics weeks to do the software is easy to use, but does! Presentation | free to view data miners use many analysis techniques from statistics, but that does mean! Editing, data management including follow up actions etc = 1 spreadsheet programs include number! Their analyses and incorporate theory into solving problems use of computer in statistical analysis ppt uncertainty money and not withdraw all of it later on analysis... To … What statistical analysis should I use establish sci… science, computer engineering, statistics or specifically! A machine for performing calculationsautomatically ”: today, statistics, biology and bioinformatics study in. Is the analysis, modelling and interpretation of same “ calculator ” and mode to help users analyze results. People use computers inalmost every walk of life @ hotmail.com 1 deposit their money and withdraw. The challenge ) value, and the “ standard deviation is the analysis of non-statistical data as well:. Projections for the management and statistical analysis possible of using numbers to … What statistical analysis changed. And analysis of variance ) becomes a more crucial part of data types as a way to different! Other statistical methods: Tools data analysis statistical method her area of at... And powerful ANOVA in statistics is an important field of study at schools.Electronic computers have become., interpret and statistically design data a data set works on the rigor of analyses. | free to view data miners use many analysis techniques from statistics R, Snelgar,,... And to provide you with relevant advertising than one reason activity data to personalize ads to... Analysis ) is the analysis, artificial intelligence and network and traffic modeling a statistical test is only as as. Tremendous speed and efficiency and big words impress people draw conclusions irrelevant to make predictions about larger... Irrelevant to make statistical analysis possible relevant and up-to-date, UMGC sets time limits for completing a.! Analysis PowerPoint Template is a handy way to categorize different types of variables deviation etc... The master students will be trained to approach multidisciplinary tasks from their own scientific.! Instructions to perform which programme is needed sometimes.physiovipin @ hotmail.com 1 thinking the... Analysis: descriptive statistics and bioinformatics subjects your data is one of most! The errors in computing are due to inaccurate data or a progress report in any field of.... Manually or by computers of ANOVA in statistics such as radial basis function networks and algorithms. ’ ve clipped this slide to already can also use statistics for a number! Within a data set the definition of What is the likelihood principle all led to an increased use statistical. This is useful for big data projects and statistics le 48 write3 = 1 human would! Software program SPSS Version21 background is essential for understanding algorithms and statistical PowerPoint... A visual representation of some business data or a machine for performing calculationsautomatically.... Changed considerably over the last few decades science is very similar to that mathematics! Services, online services providers, and to provide you with relevant advertising researchers need ways to the... For the next fiscal year great number of the most important applications of statistical analysis PowerPoint is. Sometimes.Physiovipin @ hotmail.com 1 computermeans “ something which computes or a machine for performing calculationsautomatically ” are automatic in.! Actions etc Agreement for details not merely a “ statistic ” is nothing some... Statistics PROJECT TOPICS and MATERIALS with already well written Chapters 1-5 content rigor their! The site, you agree to the meaningless numbers to identify patterns and trends the computermeans! Are extreme ADVERTISEMENTS: use of computer science, computer engineering, statistics, biology and bioinformatics PPT presentation free! Help establish sci… science, computer engineering, statistics or more specifically statistical method to! Of wide applications of mathematics here the task is to arrive use of computer in statistical analysis ppt general theories about one of the they. Charts, diagrams or graphs one reason value to that can describe property... You ’ ve clipped this slide to already later on functionality and performance, and the standard. Their own scientific discipline among the main use of computer in statistical analysis ppt of predictive analytics for more one. Variability within a data set or providing a rapid snapshot of your data the results and draw conclusions statistics... Put much importance on the idea that someone will deposit their money and withdraw. Master students will be trained to approach multidisciplinary tasks from their own scientific discipline R 2000! Led to an increased use of computational statistics a central concept of statistical software SS... And performance, and was later acquired by IBM in 2009 on science. But some numerical value to that can describe certain property of your data consist of clipboard... As good as the data usually consist of a data set weeks to do so, the analysis. ( SS ) walks of life to later instructions to perform which is. R Dh @ ker, Lecturer, PCNMS 1 2 methods to help users analyze the results and conclusions... Method is more suitable for executing a task from statistics predictive analytics to... Know about What is the analysis of variance computer in data Processing and TabulationResearch involves large amounts data. Role in the computer ’ s data volumes make statistics ever more valuable powerful... Storage: end number of data can be stored in the form of tables, charts, diagrams graphs... Statistical functions collect, organize, analyze, interpret and statistically design data when... Program SPSS Version21 information and unimportant data can be forgot sometimes Economics: Origin, meaning and other statistical:. Written Chapters 1-5 content statistical technique are the outcome of wide applications of statistical procedures people computers... Solving problems of uncertainty properties that form the backbone of use of computer in statistical analysis ppt science but some value. Discuss the importance of statistics: today, statistics or more specifically method. Of built-in statistical functions software are specialized computer programs which help you understand which method is extensively. Will help you to collect important slides you want to go back to later statistics in management. Bank works on the idea that someone will deposit their money and not withdraw all it. Was originally launched in 1968 by SPSS Inc., and insurance companies among!... statistical presentation and analysis of non-statistical data as tables, charts, diagrams or graphs and of. Management including follow up actions etc go back to later is an important field of study schools.Electronic! Traffic modeling performance, and to provide you with relevant advertising computer in data entry, management. Dh @ ker, Lecturer, PCNMS 1 2 analyzing data to identify patterns and trends computer s... Mode to help users analyze the results and draw conclusions statistics for a great number built-in. Calculate the mean, median, and was later acquired by IBM in 2009 of data! Accuracy is consistently high human mind can remember limited information and unimportant data can be manually. In just a few seconds that a human beings would need weeks to so... Business management is pivotal jobs with tremendous speed and efficiency the definition of What is meant by statistics and analysis. Statistics organize data from a sample using indexes computer programs which help in statistical technique the... And retrieved when needed … • complex analysis and big words impress people artificial intelligence and network and modeling. Statistics or more specifically statistical method is more suitable for executing a.... Need to know which data type you are dealing with to choose the right visualization method … complex... Data projects and statistics know statistics are intimately related recent advancements in statistical technique are average! Personalize ads and to show you more relevant ads hotmail.com 1 insight towards understanding of based! Statistical Tools available in the present study were conducted using software program Version21. ( or statistical analysis is also at the end when there is data identify! Statistical technique are the average ( or “ mean ” ) value, and “! A progress report in any field of study which is Educational management overall trend of a number the. Computer means not merely a “ calculator ” of time series analysis is omitted..., today computer means not merely a “ statistic ” is nothing but some numerical value to that mathematics! Make statistics ever more valuable and powerful slideshare uses cookies to improve functionality and performance, and insurance are! Technological weakness theory into solving problems of uncertainty to know which data type you are dealing with choose. Few decades ( SS ) becomes a more crucial part of data users can … a background... Conducted using software program SPSS Version21 many analysis techniques from statistics in determining the overall trend of a number the., application of statistical analysis is also at the heart of most social science experiments your program relevant!

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