Statistics

Definition

Statistics refer to numerical data collected from observations or experiments used for analysis and interpretation. They help us understand patterns, trends, relationships, and make informed decisions based on evidence.

Related terms

Data Analysis: The process of inspecting, cleaning, transforming, and modeling data to discover useful information and draw conclusions.

Sampling: The practice of selecting a subset of individuals or items from a larger population to gather data for analysis.

Descriptive Statistics: Statistical techniques used to summarize and describe the main features of a dataset, such as measures of central tendency (mean, median) and variability (range, standard deviation).