STATISTICS

  STATISTICS Statistics is the science of collecting, organizing and analyzing the data. Statistics is helpful in better decision making. It is of 2 types  1)Descriptive Statistics 2)Inferential Statistics Define Data?         Data is nothing but the Facts & Pieces of information that can be measured. 1)Descriptive Statistics                           Descriptive statistics is nothing but the Organizing the data ,Summarizing the data and Presenting the data in to an Informative Way.     -->Descriptive statistics focus on describing the visible characteristics of a dataset (a population or sample). 2)Inferential Statistics             It is a technique where in we use the data that we have measured to form conclusions.  -->Inferential statistics make predictions about a larger dataset, based on a sample of those dat...