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Statistics Lecture 2nd
Statistics Lecture 2nd
Statistics Lecture 2nd
1. Variables
2. Types of Variables
5. Sources of Data
1
VARIABLES
A variable is an interested criterion to be measured or observed on each individual or variable
is a characteristic under study that assumes different values for different elements such as
2
TYPES OF VARIABLES
Types of
Variables
Qualitative Quantitative
Variables Variables
3
BASIC TERMS OF STATISTICS
In order to understand statistics in details we need to first look into some basic terms used in
statistics.
1. Population
2. Sample
4
DATA AND ITS TYPES
“Data is the collection of facts and figures from which conclusions can be drawn”. Data can be
of two types.
Types of Data
5
SOURCES OF DATA
Sources of
Data
Primary Secondary
Sources Sources
International
Observation Interview Questionnaire organizations Journals Newspapers
6
STATISTICS AS A SCIENCE OR AN
ART
We know that science is a body of systematized knowledge. How this knowledge is to be used
for solving a problem is work of an art. In addition to this, art also helps in achieving certain
objectives and to identify merits and demerits of methods that could be used.
Thus, we conclude that since statistical methods are systematic and have general applications,
therefore, statistics is a science. Further since the successful application of these methods
depends, to a considerable degree, on the skill and experience of a statistician, therefore,
statistics is an art also.
7
CONCLUSION
1) Variables
2) Types of Variables
5) Sources of Data
8
REFERENCES
3. Statistics for Business and Economics By: David R. Anderson, Dennis J. Sweeney, Thomas
A.Williams, Eleventh Edition