Statistics
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The word "statistics" is used in several different senses. In the
broadest sense, "statistics" refers to a range of techniques and procedures for
analyzing data, interpreting data, displaying data, and making decisions based
on data. This is what courses in "statistics" generally cover.
In a second usage,
a "statistic" is defined as a numerical quantity (such as the
mean) calculated
in a
sample. Such statistics are used to estimate
parameters.
The term "statistics" sometimes refers to calculated quantities regardless
of whether or not they are from a sample. For example, one might ask about
a baseball player's statistics and be referring to his or her batting average,
runs batted in, number of home runs, etc. Or, "government statistics" can
refer to any numerical indexes calculated by a governmental agency.
although
the different meanings of "statistics" has the potential for confusion,
a careful consideration of the context in which the word is used should make
its intended meaning clear.
Next Section: Summation Notation