Even You Can Learn Statistics and Analytics: An Easy to Understand Guide

Chapter 1

Fundamentals of Statistics

1.1 The First Three Words of Statistics

1.2 The Fourth and Fifth Words

1.3 The Branches of Statistics

1.4 Sources of Data

1.5 Sampling Concepts

1.6 Sample Selection Methods

One-Minute Summary

Test Yourself

Every day, people use numbers to describe or analyze our world:

• 4 out of 5 people don’t want their personal data collected or shared without consent. Invisibly.com reports that in a survey of 1,247 people, 82% of respondents supported measures that would prevent companies and devices from collecting or sharing their data, and 68% of respondents said that data privacy is important to them.

• Learn more, earn more: Education leads to higher wages, lower unemployment. A 2020 U.S. Bureau of Labor Statistics ...