Description
Statistics is a branch of mathematics dealing with the collection, classification, analysis, interpretation of numerical facts, for drawing inferences on the basis of their quantifiable likelihood (probability) of data.
Essentials of Statistics
Statistics is a term used to summarise a process that an analyst uses to characterise a data set. If the data set depends on a sample of a larger population, then the analyst can develop interpretations about the population primarily based on the statistical outcomes from the sample.
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