All documents from essays.org are for research assistance purpose only. Do not present the material as your own work!
bookmark & share the essay...
PRINCIPLES OF STATISTICS
This paper has discussed the principles of statistics by highlighting the descriptive statistics, inferential statistics, Frequentist and Bayesian points of view.
|language || ||english
|wordcount || ||1692 (cca 4.5 pages)
|contextual quality || ||N/A
|language level || ||N/A
|price || ||free
|sources || ||1
Table of contents
Descriptive Statistical Methods 1
Inferential Statistical Methods 1
Problems solved statistics 2
Frequentist Point Estimation 2
Bayesian Point Estimation 3
Frequentist probability 3
Bayesian probability 3
Goodness-of –Fit (GOF) Testing 4
Hypothesis testing 4
Decision Theory 4
Preview of the essay: PRINCIPLES OF STATISTICS
PRINCIPLES OF STATISTICS Introduction Statistics is can viewed as a discipline or a subject. Generally statistics is thought as the processes of as the methods undertaken to collect, process, interpret and present data or information. This implies that statistics in this context is thought of as the collections of data gathered by specific methods. Therefore, statistics can be defined as the art and science of making informed decisions on the basis of quantitative as well as qualitative evidence (Bulmer, 1979). ...
... shown in this discussion that descriptive statistics is a branch of statistics that lays the foundation for all statistical knowledge while inferential statistics is seen to be the heart of statistics because it is usually geared towards drawing conclusions about a population based on the data collected. It is indeed through statistics than one makes informed decisions and consequently solve problem that we encounter in our daily activities.
Essay is in categories