Statistics

Statistics is the practice or science of collecting and analyzing numerical data in large quantities, especially for the purpose of inferring proportions in a whole from those in a representative sample. It is a discipline that concerns the collection, organization, analysis, interpretation, and presentation of data. In applying statistics to a scientific, industrial, or social problem, it is conventional, to begin with, a statistical population or a statistical model to be studied. Populations can be diverse groups of people or objects such as "all people living in a country" or "every atom composing a crystal". Statistics deals with every aspect of data, including the planning of data collection in terms of the design of surveys and experiments.

See Also

• Define Business Strategy
• Definition of IT Strategy
• Define e-Business Strategy
• Define Corporate Governance of Information Technology
• Define enterprise architecture
• What is IT Sourcing?
• Define IT Operations
• CIO