# What Is Statistical Analysis?

## Answer

Statistical analysis refers to a collection of methods used to process large amounts of data and report overall trends. These types of reports are used to report on how an event can be unusual based on historical data.
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 Statistical analysis is important because if we relied on guesswork things would backfire and could lead to circumstances that we did not want, like losing our business. Statistical http://answers.ask.com/Science/Mathematics/why_is_...
 Networks use statistical models to project the winners in congressional and presidential elections. A variety of statistical models for forecasting elections exist. Political scientist http://www.ehow.com/about_5139592_political-statis...
 ( stə′tis·tə·kəl ə′nal·ə·səs ) (statistics) The body of techniques used in statistical inference concerning a http://www.answers.com/topic/statistical-analysis-...
 The importance is you can determine how many people are going to have sex with each other. http://wiki.answers.com/Q/What_is_the_importance_o...
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Statistical analysis is making an observation or a statement of a particular group based on the statistics they have provided through research and testing. Statistical ...
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Statistical analysis is looking at the data after it has been collected to see if there are any patterns and to find out if the patterns are authentic or due to ...
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