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Sana
In: Mathematics, Statistics

What is statistics?

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  1. Thomas
    Added an answer on November 16, 2023 at 7:27 am

    Statistics is the study of the collection, analysis, interpretation, presentation, and organization of data. In other words, it is a mathematical discipline to collect, summarize, and analyze data, especially the large quantities of numerical data that are collected in the physical and social sciencRead more

    Statistics is the study of the collection, analysis, interpretation, presentation, and organization of data. In other words, it is a mathematical discipline to collect, summarize, and analyze data, especially the large quantities of numerical data that are collected in the physical and social sciences. It is a branch of applied mathematics concerned with the collection, description, analysis, and inference of conclusions from quantitative data.

    Statistics is used in a wide variety of fields, including:

    • Science: Statistics is used to analyze data from experiments and observations.
    • Business: Statistics is used to make decisions about marketing, sales, and finance.
    • Government: Statistics is used to track economic trends, crime rates, and population health.
    • Sports: Statistics is used to analyze player performance and team strategies.

    Statistics is a powerful tool for understanding the world around us. It can help us to make informed decisions, solve problems, and make predictions about the future.

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