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statistics

Pronunciation: sta-tis'tiks

Definition:

  1. A collection of numeric values, items of information, or other facts that are numerically grouped into definite classes and subject to analysis, particularly analysis of the probability that the resulting empiric findings are due to chance.
  2. The science and art of collecting, summarizing, and analyzing data that are subject to random variation.
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© Copyright 2017 Wolters Kluwer. All Rights Reserved. Review Date: Sep 19, 2016.
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