Standardized Rate
Standardized rates are a statistical measure of any rates in a population. These are adjusted rates that take into account the vital differences between populations that may affect their birthrates or death rates. Examples The most common are birth, death and unemployment Unemployment, according to the OECD (Organisation for Economic Co-operation and Development), is people above a specified age (usually 15) not being in paid employment or self-employment but currently available for work during the refer ... rates. For example, in a community made up of primarily young couples, the birthrate might appear to be high when compared to that of other populations. However, by calculating the standardized birthrates that is by comparing the same age group in other populations), a more realistic picture of childbearing capacity will be developed. Formula The formula for standardized rates is as follows: : Σ(crude rate for age group × standard population for age group) / Σ ...
[...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  

Statistical
Statistics (from German: '' Statistik'', "description of a state, a country") is the discipline that concerns the collection, organization, analysis, interpretation, and presentation of data. In applying statistics to a scientific, industrial, or social problem, it is conventional to begin with a statistical population or a statistical model to be studied. Populations can be diverse groups of people or objects such as "all people living in a country" or "every atom composing a crystal". Statistics deals with every aspect of data, including the planning of data collection in terms of the design of surveys and experiments.Dod