Skip to main content

Business Data and Statistics

Data vs Statistics

Data Statistics
... set of values of qualitative or quantitative variables ... derived from data
... the lowest level of abstraction from which statistical information and then knowledge are derived ... presents a summary or one view of data using totals, sums or averages
... used with software such as SPSS, SAS, R, Stata etc. ... there are usually three parts: Geography, Variable(s) and Time