Statistic: meaning, definitions and examples

Use 'statistic' when referring to a single numerical value derived from data.

• The average income of the survey participants is an important statistic
• One alarming statistic is the increase in unemployment rates

Use 'data analysis' when talking about the process of examining, cleaning, transforming, and modeling data to discover useful information.

• We need to conduct a thorough data analysis before making a decision
• Data analysis revealed significant trends in customer behavior

Use 'data interpretation' when discussing the process of making sense of analyzed data and understanding its implications.

• After data analysis, the next step is data interpretation to understand what the numbers mean
• Proper data interpretation is crucial for drawing accurate conclusions

Refers to a single piece of numerical data or a fact derived from data collection and analysis. Often used in academic, scientific, or professional contexts.

• One surprising statistic from the survey is that 60% of respondents prefer working from home.
• The statistic shows a significant increase in sales this quarter.

Refers to raw facts and figures collected through observations, experiments, or research. Commonly used in various fields, including science, business, and technology.

• We need to analyze the data to understand the customer behavior.
• The data collected from the experiment supports our hypothesis.

Refers to numerical values, often in the context of financial information, statistics, or measurements. Frequently used in business, finance, and reports.

• The company's figures for this quarter show a promising growth.
• We are still waiting for the final figures from the sales department.

Refers to numerical values in general. Can be used in everyday conversation or in any situation where numerical information is being discussed.

• The numbers clearly indicate that more resources are needed.
• Please check the numbers in this report to ensure their accuracy.