The test for high-density lipoprotein cholesterol (HDL-C) is used as part of a lipid profile to screen for unhealthy levels of lipids and to determine an individual's risk of developing heart disease and to help make decisions about what treatment to use if there is borderline or high risk.
statistical procedure - a method of analyzing or representing statistical data; a procedure for calculating a statistic. statistical method. method - a way of doing something, especially a systematic way; implies an orderly logical arrangement (usually in steps)
Statistical tools are widely used in the solution of managerial problems. For example, sampling is very useful in data collection. Managerial economics makes use of correlation and multiple regression in business problems involving some kind of cause and effect relationship. Managerial Economics and Accounting: