Definitions

1. noun

a piece of information collected and analyzed to describe a situation, condition, or tendency, especially in a particular industry or sector.

“The company’s annual revenue is a significant statistic in the financial report.”

2. verb

to collect and analyze data in order to describe a situation, condition, or tendency.

“The researchers will statistic the data from the survey to get a better understanding of the population.”

3. adjective

relating to the collection and analysis of data, especially in a particular industry or sector.

“The statistic team worked closely with the marketing department to create a campaign based on customer data.”