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Statistics

Statistics

Statistics deals with collecting, organizing, analyzing and interpreting data for the purpose of making informed decisions. It is widely used in business, medicine, biological and social sciences, humanities, etc. For example, regression analysis is used in business and economics to build predictiive models; ANOVA (analysis of variance) is used to study data from comparitive experiments in medicine, agriculture, etc.; in biological sciences cluster analysis is an important tool for taxonomy; etc. While these applications may seem intimidating, we use statistics everyday. For example, your car's fuel efficiency can be measured in terms of fuel economy (measured in tems of miles per gallon) or fuel consumption (measured in terms of number of gallons consumed per every 100 miles); your course... Show More

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