Explain Statistics as Defined by David Hand

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The Answer is Statistics, as defined by David Hand, is both the science of uncertainty and the technology of extracting information from data. Statistics involves collecting, organizing, analyzing, interpreting, and presenting data. A statistic is a summary measure of data. Microsoft Excel supports statistical analysis in two ways:
• with statistical functions that are entered in worksheet cells directly, or embedded in formulas
• with the Excel Analysis Toolpak add-in to perform more complex statistical computations.

Explain Statistics as Defined by David Hand

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Explain Statistics as Defined by David Hand

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Correct Answer:
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