Statistics
Statistics
In
other words, it is a mathematical discipline to collect, summarize data. Also, we can say that statistics is
a branch of applied mathematics. However, there are two important and basic ideas involved in
statistics; they are uncertainty and variation. The uncertainty and variation in different fields can be
determined only through statistical analysis. These uncertainties are basically determined by the
probability that plays an important role in statistics.
What is Statistics?
Statistics is simply defined as the study and manipulation of data. As we have already discussed in the
introduction that statistics deals with the analysis and computation of numerical data. Let us see more
definitions of statistics given by different authors here.
According to statistician Sir Arthur Lyon Bowley, statistics is defined as “Numerical statements of facts in
any department of inquiry placed in relation to each other”.
Statistics Examples
To find the mean of the marks obtained by each student in the class whose strength is 50. The average
value here is the statistics of the marks obtained.
Suppose you need to find how many members are employed in a city. Since the city is populated with 15
lakh people, hence we will take a survey here for 1000 people (sample). Based on that, we will create
the data, which is the statistic.
Basics of Statistics
The basics of statistics include the measure of central tendency and the measure of dispersion. The
central tendencies are mean, median and mode and dispersions comprise variance and standard
deviation.
Mean is the average of the observations. Median is the central value when observations are arranged in
order. The mode determines the most frequent observations in a data set.
Variation is the measure of spread out of the collection of data. Standard deviation is the measure of the
dispersion of data from the mean. The square of standard deviation is equal to the variance.
Mathematical Statistics
Mathematical statistics is the application of Mathematics to Statistics, which was initially conceived as
the science of the state — the collection and analysis of facts about a country: its economy, and,
military, population, and so forth.
Mathematical techniques used for different analytics include mathematical analysis, linear algebra,
stochastic analysis, differential equation and measure-theoretic probability theory.
Types of Statistics
1.Descriptive Statistics
2. Inferential Statistics
In the case of descriptive statistics, the data or collection of data is described in summary. But in the
case of inferential stats, it is used to explain the descriptive one. Both these types have been used on
large scale.
Descriptive Statistics
The data is summarised and explained in descriptive statistics. The summarization is done from a
population sample utilising several factors such as mean and standard deviation. Descriptive statistics is
a way of organising, representing, and explaining a set of data using charts, graphs, and summary
measures. Histograms, pie charts, bars, and scatter plots are common ways to summarise data and
present it in tables or graphs. Descriptive statistics are just that: descriptive. They don’t need to be
normalised beyond the data they collect.
Inferential Statistics
We attempt to interpret the meaning of descriptive statistics using inferential statistics. We utilise
inferential statistics to convey the meaning of the collected data after it has been collected, evaluated,
and summarised. The probability principle is used in inferential statistics to determine if patterns found
in a study sample may be extrapolated to the wider population from which the sample was drawn.
Inferential statistics are used to test hypotheses and study correlations between variables, and they can
also be used to predict population sizes. Inferential statistics are used to derive conclusions and
inferences from samples, i.e. to create accurate generalisations.
Statistics Formulas
The formulas that are commonly used in statistical analysis are given in the table below.
Summary Statistics
In Statistics, summary statistics are a part of descriptive statistics (Which is one of the types of statistics),
which gives the list of information about sample data. We know that statistics deals with the
presentation of data visually and quantitatively. Thus, summary statistics deals with summarizing the
statistical information. Summary statistics generally deal with condensing the data in a simpler form, so
that the observer can understand the information at a glance. Generally, statisticians try to describe the
observations by finding:
The measure of central tendency or mean of the locations, such as arithmetic mean.
The summary statistics table is the visual representation of summarized statistical information about the
data in tabular form.
For example, the blood group of 20 students in the class are O, A, B, AB, B, B, AB, O, A, B, B, AB, AB, O, O,
B, A, AB, B, A.
Blood Group No. of Students
O 4
A 4
B 7
AB 5
Total 20
Thus, the summary statistics table shows that 4 students in the class have O blood group, 4 students
have A blood group, 7 students in the class have B blood group and 5 students in the class have AB
blood group. The summary statistics table is generally used to represent the big data related to
population, unemployment, and the economy to be summarized systematically to interpret the accurate
result.
Scope of Statistics
Statistics is used in many sectors such as psychology, geology, sociology, weather forecasting,
probability and much more. The goal of statistics is to gain understanding from the data, it focuses on
applications, and hence, it is distinctively considered as a mathematical science.
Methods in Statistics
The methods involve collecting, summarizing, analyzing, and interpreting variable numerical data. Here
some of the methods are provided below.
Data collection
Data summarization
Statistical analysis
Types of Data
Continuous data- is not fixed but has a range of data. It can be measured.
Representation of Data
There are different ways to represent data such as through graphs, charts or tables. The general
representation of statistical data are:
Bar Graph
Pie Chart
Line Graph
Pictograph
Histogram
Frequency Distribution
A Bar Graph represents grouped data with rectangular bars with lengths proportional to the values that
they represent. The bars can be plotted vertically or horizontally.
A type of graph in which a circle is divided into Sectors. Each of these sectors represents a proportion of
the whole.
The line chart is represented by a series of data points connected with a straight line.
Statistics-Pictograph Pictograph
A pictorial symbol for a word or phrase, i.e. showing data with the help of pictures. Such as Apple,
Banana & Cherry can have different numbers, and it is just a representation of data.
The frequency of a data value is often represented by “f.” A frequency table is constructed by arranging
collected data values in ascending order of magnitude with their corresponding frequencies.
In Mathematics, statistics are used to describe the central tendencies of the grouped and ungrouped
data. The three measures of central tendency are:
Mean
Median
Mode
All three measures of central tendency are used to find the central value of the set of data.
Measures of Dispersion
In statistics, the dispersion measures help interpret data variability, i.e. to understand how homogenous
or heterogeneous the data is. In simple words, it indicates how squeezed or scattered the variable is.
However, there are two types of dispersion measures, absolute and relative. They are tabulated as
below:
Range
Variance
Standard deviation
Co-efficient of Variation
Skewness in Statistics
The value of skewed distribution could be positive or negative or zero. Usually, the bell curve of normal
distribution has zero skewness.
ANOVA Statistics
ANOVA Stands for Analysis of Variance. It is a collection of statistical models, used to measure the mean
difference for the given set of data.
Degrees of freedom
In statistical analysis, the degree of freedom is used for the values that are free to change. The
independent data or information that can be moved while estimating a parameter is the degree of
freedom of information.
Applications of Statistics
Statistics have huge applications across various fields in Mathematics as well as in real life. Some of the
applications of statistics are given below:
Statistics in society
Statistical computing
Video Lesson
Grade 11 Statistics
Grade 11 Statistics
1,947
P-value Quartiles
Hope this detailed discussion and formulas on statistics will help you to solve problems quickly and
efficiently. Learn more Maths concepts at BYJU’S with the help of interactive videos.
Q1
What exactly is statistics?
Statistics is a branch that deals with the study of the collection, analysis, interpretation, organisation,
and presentation of data. Mathematically, statistics is defined as the set of equations, which are used to
analyse things.
Q2
The two different types of statistics used for analyzing the data are:
Descriptive Statistics: It summarizes the data from the sample using indexes
Inferential Statistics: It concludes from the data which are subjected to the random variation
Q3
Summary statistics is a type of descriptive statistics, which is used to summarize the set of observations
with large information as simply as possible. Statisticians used to describe the observation by finding the
measures of central tendency, statistical dispersion, statistical dependence, and the shape of the
distribution.
Q4
Statistics is a part of Applied Mathematics that uses probability theory to generalize the collected
sample data. It helps to characterize the likelihood where the generalizations of data are accurate. This
is known as statistical inference.
Q5
Statistics make us learn to utilize a restricted sample to make accurate determinations about a more
prominent populace. The utilization of tables, diagrams, and graphs assumes a crucial part in introducing
the information being utilized to reach these determinations.
Q6
What is the importance of Statistics in real life?
Statistics encourages you to utilize legitimate strategies to gather the information, utilize the right
examinations, and successfully present the outcomes. Measurement is a significant cycle behind how we
make disclosures in science, settle on choices dependent on information, and make forecasts.
Quiz Image
Put your understanding of this concept to test by answering a few MCQs. Click ‘Start Quiz’ to begin!
Probability Distribution
Correlation Statistics
Euclids Axioms
Probability Symbols
Sample Space
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