Introductory Business Statistics | Accra Metropolitan University

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Economics

Introductory Business Statistics

Thomas K. Tiemann - Personal Name;

There are two common definitions of statistics. The first is "turning data into information", the second is
"making inferences about populations from samples". These two definitions are quite different, but between them
they capture most of what you will learn in most introductory statistics courses. The first, "turning data into
information," is a good definition of descriptive statistics—the topic of the first part of this, and most, introductory
texts. The second, "making inferences about populations from samples", is a good definition of inferential statistics
—the topic of the latter part of this, and most, introductory texts.

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Series Title: Introductory Business Statistics
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Publisher: : ., 2010
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Language: English
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Subject(s): Marketing Management
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