Statistical Analysis

the science of collecting, exploring and presenting large amounts of data to discover underlying patterns and trends. Statistics are applied every day – in research, industry and government – to become more scientific about decisions that need to be made. For example:

• Manufacturers use statistics to weave quality into beautiful fabrics, to bring lift to the airline industry and to help guitarists make beautiful music.
• Researchers keep children healthy by using statistics to analyze data from the production of viral vaccines, which ensures consistency and safety.
• Communication companies use statistics to optimize network resources, improve service and reduce customer churn by gaining greater insight into subscriber requirements.
• Government agencies around the world rely on statistics for a clear understanding of their countries, their businesses and their people.