Statistics

Name:

Statistics

Description:

Statistics is a branch of mathematics that involves the collection, analysis, interpretation, presentation, and organization of data.

Purpose:

Statistics is used to summarize and describe data, make inferences about populations using sample data, and draw conclusions or make decisions based on the analysis.

Key Concepts:

Data: Information or facts that are collected for analysis.
Variable: A characteristic or attribute that can vary among individuals or objects.
Descriptive Statistics: Methods used to summarize and describe data, such as measures of central tendency and measures of dispersion.
Inferential Statistics: Techniques used to make predictions, draw conclusions, or test hypotheses about a population based on sample data.
Probability: The likelihood or chance that an event will occur.
Hypothesis Testing: The process of using statistical tests to determine if there is enough evidence to reject or accept a hypothesis.

Applications:

Statistics is widely used in various fields, including: