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TeachMeFinance.com - explain statistics statistics The term 'statistics' as it applies to the area of hazardous materials can be defined as 'A branch of mathematics that deals with collecting, reviewing, summarizing, and interpreting data or information. Statistics are used to determine whether differences between study groups are meaningful'. The term 'statistics' as it applies to the area of basic math can be defined as 'the collection, organization, description, and analysis of quantitative data'. Previous 5 Terms: station, control Stationary Front Stationary white noise statistical significance statistical-dynamical models Next 5 Terms: statolith Stator Stator windings statoscope statuary About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.