Archiving Statistical Data
Archiving is a tool that is used to collect, preserve and organize historic documents and data for future use or reference. The concept of archiving before was a room full of steel cabinets and stacks of folders and papers containing important information. The concept has remained the same except that the steel cabinets have been replaced with personal computers and the folders with compact flash drives that can be carried around and used with any personal computer with an available USB slot.
Statistics is based on previous results of an action and the process of archiving these results is vital in making predictions or evaluating the entire statistical data. The process of archiving is getting easier and faster but its value in the world of statistics remain unchanged.
Source: iuk.edu
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