Qualitative data is data that is not numerical, such as colors, smells or tastes. Quantitative data is measurable with numbers, like height and weight. Objects can have both quantitative and qualitative data.
Full Answer >Statistics as a numerical fact is a piece of numerical information, also known as data, used to describe an event, occurrence or phenomena. Statistics as a discipline uses statistics or numerical pieces of information to solve problems in the everyday world and in academics. Those who work with statistics as a discipline are called statisticians.
Full Answer >When the number of classes in a histogram is increased, the data set is divided into more categories, and the histogram gives a more detailed picture of the data distribution. However, if there are too many classes, it becomes difficult to extract useful information from the histogram.
Full Answer >Statistics are a methodology necessary in the field of statistics and are used to collect, analyze and evaluate data. Economics depends heavily on the use of statistics.
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