Analyzed, as statistics is a term used to describe the process of collecting and examining data in order to draw conclusions. This process is often referred to as 'crunching' the numbers, which is an 8 letter word that can be used to describe this process. Crunching the numbers involves taking large amounts of data and breaking it down into smaller pieces in order to gain insight into trends or patterns. This process is often used in the field of statistics to help make decisions or predictions.