The purpose of statistics is to allow sets of data to be compared so that analysts can look for meaningful trends and changes. Analysts review the data so that they can reach conclusions regarding its meaning. Statistics allow people to see how things are or are not correlated and how a change in one variable might affect another.
Know MoreStatistics are used by marketing firms, companies that delve in the financial world, researchers, manufacturing organizations and government groups. Without statistics, the numerical information collected is useless. A goal of statistics is to find meaning in the provided data and determine what variations are meaningful and which ones occur merely by chance.
Learn MoreQualitative 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 >Proof by induction is a mathematical technique used to prove that a proposition is true for all natural numbers. The natural numbers are defined either as the positive integers or as the non-negative integers.
Full Answer >The term "J-curve" is a type of population growth wherein a population grows exponentially without restrictions. It is also known as the exponential curve.
Full Answer >To find the mean in math, add up all of the numbers you want to find the mean of, and divide by the quantity of numbers you add together. For example, if you add five numbers together, you would divide by five. The result is the mean.
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