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Mathematics in the
Modern World
Submitted by: Gail Labrador
Submitted to: Ms. Ronacell B. Mesa
Statistics
Statistics is a branch of applied
mathematics that involves the
collection, description, analysis, and
inference of conclusions from
quantitative data. The mathematical
theories behind statistics rely heavily on
differential and integral calculus, linear
algebra, and probability theory.

People who do statistics are referred to


as statisticians. They're particularly
concerned with determining how to
draw reliable conclusions about large
groups and general events from the
behavior and other observable
characteristics of small samples. These
small samples represent a portion of the
large group or a limited number of
instances of a general phenomenon.
Data Analysis

Data analysis is the practice of This idea lies at the root of data
working with data to glean analysis. When we can extract
useful information, which can meaning from data, it
then be used to make informed
empowers us to make better
decisions.
decisions. And we’re living in a
"It is a capital mistake to
time when we have more data
theorize before one has data.
Insensibly one begins to twist
than ever at our fingertips.
facts to suit theories, instead of
theories to suit facts," Sherlock Companies are wisening up to
Holme's proclaims in Sir Arthur the benefits of leveraging data.
Conan Doyle's A Scandal in Data analysis can help a bank to
Bohemia. personalize customer
interactions, a health care
system to predict future health
needs, or an entertainment
company to create the next big
streaming hit.
Descriptive Statistics
Descriptive statistics are brief Descriptive statistics, in short, help
informational coefficients that describe and understand the
summarize a given data set, features of a specific data set by
which can be either a giving short summaries about the
representation of the entire sample and measures of the data.
population or a sample of a The most recognized types of
population. Descriptive
descriptive statistics are
statistics are broken down into
measures of center: the mean,
measures of central tendency
median, and mode, which are
and measures of variability
used at almost all levels of math
(spread). Measures of central
and statistics. The mean, or the
tendency include the mean,
average, is calculated by adding
median, and mode, while
measures of variability include all the figures within the data set
standard deviation, variance, and then dividing by the number
minimum and maximum of figures within the set.
variables, kurtosis, and
skewness.
Graph

Graph, pictorial representation of statistical data or of a


functional relationship between variables. Graphs have the
advantage of showing general tendencies in the quantitative
behaviour of data, and therefore serve a predictive function. As
mere approximations, however, they can be inaccurate and
sometimes misleading.

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