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Showing posts with label Methods. Show all posts
Showing posts with label Methods. Show all posts

Statistics: A Tool To Interpret Data

What Is Statistics?

Statistics is a discipline that includes the collection, organization, analysis and interpretation of data. Statistical methods are used to design and analyze experiments and surveys. The theory and methods of statistics are applied to a wide variety of fields because data is involved in almost all areas of human endeavors. So, the application of statistical principles helps us in understanding more about the world around us.

Why Study Statistics?

Large complex data is ubiquitous in today's world and to deal with data the knowledge of statistics is very important.