Question

Write one paragraph on What Is Statistics?

Write one paragraph on What Is Statistics?

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Answer #1

Statistics is that branch of Mathematics which deals with data collection, organization of data, analysis, interpretation and presentation of data. It is used especially for the purpose of inferring proportion in a whole from those in a representative sample. There are mainly two main statistical methods namely descriptive statistics which summarize data from a sample using various indexes such as mean or standard deviation whereas inferential statistics which draws conclusions from data that are subject to the random variation.

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