Introduction and Basic concepts of Statistics
Meaning and Definition of Statistics Meaning of Statistics The word Statistics is usually used in two senses. They are - In plural form, it stands for numerical facts (facts expressed in numbers) pertaining to a collection of objects, a situation or a phenomenon. Thus, Statistics' relating to the strength of a college are "The strength of the college is 2,500 of which 800 are girls. 1500 students inclusive of 500 girls, study in degree classes". In singular form, it stands for the science of collection, organization, analysis and interpretation of numerical facts or data. Definition of Statistics Prof. Horace Secrist defines Statistics as follows. "By Statistics we mean, aggregate of facts affected to a marked extent by multiplicity of causes, numerically expressed, enumerated or estimated according to reasonable standards of accuracy, collected in a systematic manner for a pre-determined purpose and placed in relation to each other." Characteristics of Stat...