For most modern enterprises, successful competitive analysis and business intelligence depend on collecting and analyzing a lot of data.

To turn that data into useful and actionable information for decision-makers, enterprises often use some form of statistical analysis.

This list of terms and concepts, written by Mark W. Kaelin for TechRepublic Premium, will help you get a general handle on statistics, even if you have never been trained in the actual science.

• Featured definition from the download:

  Categorical variable

  An observable characteristic that categorizes subjects into distinct groups or classes based on specific attributes or characteristics they possess. Unlike numerical variables, which contain quantitative data, categorical variables involve qualitative data and can be expressed in non-numeric terms.

Enhance your knowledge of statistics with our eight-page PDF. Previously priced at $19, this is now available for download at just $9. Alternatively, enjoy complimentary access with a Premium annual subscription.

TIME SAVED: Crafting this content required 16 hours of dedicated writing, editing, research, and design.