Concepts That Are Useful For Studying Statistics And It Assist Me When I Have

942 Words Jun 8th, 2015 4 Pages
Final Paper
Sheena Stackhouse
BUS 308 Professor Murtaza
June 8, 2015

With the help of analysis results I have learned many concepts that are useful for studying statistics and it assist me when I have to make informed and rational decision. Various processes of application and development are discipline as a statistics and put in place to analyze, gather, and interpret any of the information. Advanced in nature statistical procedures include application of the statistical principles, social, design and analysis of experiments and surveys, quantification of biological and scientific phenomenon. To several areas data can be applied to implement theory to human aspiration and various fields to modern statistics. The course elements included inferential statistics, evaluating the statistical results, descriptive statistics, and hypothesis development and testing, and selection of appropriate statistical tests, in the long run this will help me with decisions in my professional life and also my personal life.
Inferential Statistics
Specific populations can be analyzing by inferences predictions, and samples observed with the help of inferential statistics. “With inferential statistics, you are trying to reach conclusions that extend beyond the immediate data alone.” (Trochim, 2006) For this kind of data it needs to be reviewed and my achievement is to conclude with the test group and infer on what their thinking. When it does happen judgment is made from…

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