Introduction to Basic Statistics

  • Bhasker Gupta
Chapter

Abstract

Statistics is an amalgamation of both science and art. It is built around the rules of applied mathematics, which is the science part. For quantitative research, it requires rigorous statistical analysis. Statistical calculations are performed under a set of rules, to minimize incorrect results. The art part of statistics is the judgment of the practitioner. It requires judgment and decision making in deciding how to design a problem statement and how to solve it by using data and statistics. Practitioners must decide among the various statistical techniques to use at what significance level and then interpret the produced results.

Keywords

Conditional Probability Normal Curve Unconditional Probability Consumer Confidence Continuous Probability Distribution 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Bhasker Gupta 2016

Authors and Affiliations

  • Bhasker Gupta
    • 1
  1. 1.BangaloreIndia

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