STATISTICS

Carolyn Chan

CUNY/LaGuardia Community College

MAT 120.1592: The Research Paper

Instructor: Rudy Meangru

Statistics is a branch of mathematics that involved with the collection, presentation, interpretation, analysis of data, and the use of probability theory to estimate population parameters. It is divided into two sub-branches; these are the quantitative statistics and the analytical statistics or the drawing of conclusions from data.

Since the early civilization, statistics had been used in many ways. However, in early civilization, they used sticks of wool, and wall caves through pictures and symbols to record the population of people, animals, and any other living objects. Moreover, the Babylonian also uses statistics before 3000 B.C. through small clay tablets to record the tabulations of agricultural yields and of commodities of bartered or sold. Also, in 31st. century B.C., before building pyramids in Egypt, the Egyptians used statistics to analyze the population and material wealth of their country. Further more, statistics is used all over the world. It is used in China before 2000 B.C.; in Greece they used it as early as 594 B.C.; the Roman Empire of Europe also used statistics, they are the first government to used statistics to gather extensive data about the population, area, and wealth of the territories that it controlled; and many other country.

Moving on, today's statistics is a reliable means of determining the accurate value of economic, political, social, psychological, biological, and physical data. It serves as a tool to correlate and analyze such data. Statistics today is more focused in interpreting the information rather then in gathering and tabulating data. The theory of probability increased the scope of statistical applications. Data can be approximate accurately using probability distributions, and the results can be used in analyzing statistical data. It can be used to test to the reliability of interferences and to indicate the kind and amount of data required for a particular problem.

Besides having history, statistics also have different areas. There are two general areas of statistics; these are the descriptive statistics and inferential statistics. This two area of statistics have different uses. First, descriptive statistics deals with the collection, presentation, and analysis of data. The main components of descriptive statistics are the mean () and standard deviation (). And the second area of statistics is inferential statistics. Inferential statistics uses sample data to make interference, decision, or judgment about the population. This is not often used because it's almost the same as the descriptive statistics, the only thing that difference is one uses data to analyze, and this one uses sample data to have judgment.

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The graph shows the decrease in the stock/bonds/mutual fund, which means lose of profit.

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The graph shows the decrease and increase of the stock/bond/mutual fund, and it’s constantly changing.

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The graph shows that it reaches its ideal growth; however, it decreased again.

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This is a histograph, which shows symmetry

Moreover, from north to south, east to west, statistics is used in many different fields. It is not only for people who are good in mathematics, because it is being used in almost all math related fields, of course, but it is also used in architecture, engineering, business and some computer fields, teaching, economist, accounting and other related fields, and even in the fields science. Moving on, as far as I can see, using statistics in my career goals is a must, because my major is accounting, and accounting is also related to business. In my career goals, statistics can be use in analyzing and investigating data. Furthermore, statistics is one of the important components in my career goals, because I can use it when I want to go to another field that have to do with math, and business.

In conclusion, statistics is important in everyday life. It's being used everyday to provides the exact and accurate number, like making a survey about a product to know if it will be patronized by people nationwide. Also, statistics is important because not only for individual but also for the economy as a whole. So I would say, taking up statistics is a great advantage.

WORKS CITED

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