Economics and Management Engineering | Article | Published 2021
The main goal of studying economical processes is to identify patterns that are of great importance in practice. Typically, these laws are influenced by many factors, and assessing their level of impact is the most important task. In practice, the factors that arise are often of a random nature, and for their assessment, it is necessary to use special sections of mathematics - probability theory and mathematical statistics. Mathematical statistics is a special branch of mathematics The main goal of studying economical processes is to identify patterns that are of great importance in practice. Typically, these laws are influenced by many factors, and assessing their level of impact is the most important task. In practice, the factors that arise are often of a random nature, and for their assessment, it is necessary to use special sections of mathematics - probability theory and mathematical statistics. Mathematical statistics is a special branch of mathematics that deals with the collection, processing, systematization of observation results and the creation and study of mathematical methods of interpretation in order to determine statistical patterns. While probability theory abstractly studies reality, mathematical statistics, examining the results of inferences from a set of directly observable random events (processes), studies laws in them. The main goal of studying economical processes is to identify patterns that are of great importance in practice. Typically, these laws are influenced by many factors, and assessing their level of impact is the most important task. In practice, the factors that arise are often of a random nature, and for their assessment, it is necessary to use special sections that deals with the collection, processing, systematization of observation results and the creation and study of mathematical methods of interpretation in order to determine statistical patterns. While probability theory studies reality in an abstract way, mathematical statistics, examining the results of inferences from a set of directly observable random events (processes), studies laws in them.
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