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Quotes About Life
Quotes about Life
Thursday, July 20
Statistics is the study of organizing, collecting and interpreting data. A statistician is a person who excels in thinking about the various applications that can be achieved or realised with statistical analysis. Mathematical statistics is also a discipline which is concerned with the theoretical study of the subject. In the words of Andrew Lang, “ An unsophisticated forecaster uses statistics as a drunken man uses lamp-posts - for support rather than for illumination.” The word “statistics” is often confused with the word statistic which is a quantity that is calculated from a set of data. Statistics help us in forming opinions and analysing performances and results. Every sport or game is often followed by a statistical analysis which give in-depth details about a team’s or a player’s performance. According to Ernie Banks, “Awards mean a lot, but they don't say it all. The people in baseball mean more to me than statistics.”