Statistics Definitions, Types, Formulas & Applications
Statistics Definitions, Types, Formulas & Applications
Statistics
Table of Contents:
De?nitions
Examples
Basics of Statistics
What is Mathematical Statistics?
Types of Statistics
Formulas
Summary Statistics
Scope
Methods
Data in Statistics
Types of Data
Types of quantitative data
Representation of data
Central Tendency
Dispersion
Skewness
Anova Statistics
Degree of Freedom
Applications
FAQs
What is Statistics?
Statistics is simply de?ned 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
de?nitions of statistics given by different authors here.
Statistics Examples
Some of the real-life examples of statistics are:
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.
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.
Types of Statistics
Basically, there are two types of statistics.
Descriptive Statistics
Inferential Statistics
Descriptive Statistics
Inferential Statistics
Statistics Formulas
The formulas that are commonly used in statistical
analysis are given in the table below.
Mean, ̄
Sample x ∑x
n
Mean,
Population µ ∑x
N
Deviation,
σ=√
Population
Standard σ (x−µ)2
N
∑(xi−x̄)2
s2 = n−1
s2
V ariance,
Sample
2 ∑(xi–µ)2
σ = N
Population
V ariance, σ 2
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 ?nding:
O 4
A 4
B 7
AB 5
Total 20
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
1. Qualitative data- it is descriptive data.
Example- She can run fast, He is thin.
2. Quantitative data- it is numerical information.
Example- An Octopus is an Eight legged
creature.
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
Bar Graph
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.
Pie Chart
A type of graph in which a circle is
divided into Sectors. Each of these
sectors represents a proportion of the
whole.
Line graph
The line chart is represented by a series
of data points connected with a straight
line.
The series of data points are called
‘markers.’
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.
Histogram
A diagram is consisting of rectangles.
Whose area is proportional to the
frequency of a variable and whose
width is equal to the class interval.
Frequency Distribution
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.
Mean
Median
Mode
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:
1. Co-eacient of
1. Range Range
2. Variance 2. Co-eacient of
3. Standard Variation
deviation 3. Co-eacient of
4. Quartiles and Standard
Quartile Deviation
deviation 4. Co-eacient of
5. Mean and Mean Quartile Deviation
deviation 5. Co-eacient of
Mean Deviation
Skewness in Statistics
Skewness, in statistics, is a measure of the asymmetry in
a probability distribution. It measures the deviation of the
curve of the normal distribution for a given set of data.
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 ?elds in
Mathematics as well as in real life. Some of the
applications of statistics are given below:
Video Lesson
Grade 11 Statistics
1,947
Arithmetic Mean
Correlation and Regression
And Range
P-value Quartiles
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Probability And
Correlation Statistics
Statistics Formulas
Permutation And
Sample Space
Combination
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helpful indeed
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