ISDS 2000 Chapter : Chapter 1 Outline

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Chapter 1: introduction: the relevance of statistics (1. 1, statistics avoidance and misconception: Statistics deals with outrageous formulae and tedious calculations that have no use in real life: statistics provides a means of using numbers to analyze the world we live in. In this course, you will learn to be: practitioner of statistics (see tom davenport"s book, Competing on analytics: consumers of statistical claims (distinguish between valid statistical analyses and junk science). After consulting with the web master, the site is redesigned so that the checkout" process is reduced to one, manageable web page. A 2010 survey of 1,208 registered voters by a usa today/gallup poll found that. Interpretation: based upon the sample, it is estimated that 41% of the population views president. The understanding of the following terms is fundamental to the practice of statistics: variable the characteristic of an observation or individual, data the values associated with a variable.

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