Katowice, Poland

Statistical Analysis in Science and Business – basic level

Analiza statystyczna w nauce i biznesie – poziom podstawowy

Table of contents

Statistical Analysis in Science and Business – basic level at SWPS Katowice

Language: Polish Studies in Polish
Subject area: economy and administration
Studies online Studies online
University website: english.swps.pl

Definitions and quotes

Analysis
Analysis is the process of breaking a complex topic or substance into smaller parts in order to gain a better understanding of it. The technique has been applied in the study of mathematics and logic since before Aristotle (384–322 B.C.), though analysis as a formal concept is a relatively recent development.
Business
Business is the activity of making one's living or making money by producing or buying and selling goods or services. Simply put, it is "any activity or enterprise entered into for profit. It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors." The term is also often used colloquially (but not by lawyers or public officials) to refer to a company, but this article will not deal with that sense of the word.
Science
Science (from Latin scientia, meaning "knowledge") is a systematic enterprise that builds and organizes knowledge in the form of testable explanations and predictions about the universe.
Analysis
Philosophers hasten too much from the analytic to the synthetic method ; that is, they draw general conclusions from too small a number of particular observations and experiments.
Lord Bolingbroke, reported in Austin Allibone ed. Prose Quotations from Socrates to Macaulay. (1903), p. 34
Science
The objective world of science has nothing in common with the world of things-in-themselves of the metaphysician. The metaphysical world, assuming that it has any meaning at all, is irrelevant to science.
A. D'Abro, The Evolution of Scientific Thought from Newton to Einstein (1927) footnote, p. 152.
Science
We say that the string is 'random' if there is no other representation of the string which is shorter than itself. But we will say that it is 'non-random' if there does exist such an abbreviated representation. ... In general, the shorter the possible representation... the less random... On this view we recognize science to be the search for algorithmic compressions. ... It is simplest to think of mathematics as the catalogue of all possible patterns. ... When viewed in this way, it is inevitable that the world is described by mathematics. ...In many ways the search for a Theory of Everything is a manifestation of a faith that this compression goes all the way down to the bedrock of reality...
John D. Barrow, New Theories of Everything (2007).

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