Statistics, 3E

Foreword

Statistics, statistics everywhere, but not a single word can we understand! Actually, understanding statistics is a critically important skill that we all need to have in this day and age. Every day, we are inundated with data about politics, sports, business, the stock market, health issues, financial matters, and many other topics. Most of us don’t pay much attention to most of the statistics we hear, but more importantly, most of us don’t really understand how to make sense of the numbers, ratios, and percentages with which we are constantly barraged. In order to obtain the truth behind the numbers, we must be able to ascertain what the data is really saying to us. We need to determine whether the data is biased in a particular direction ...