Statistics

Statistics is a branch of mathematics that deals with the collection, analysis, interpretation, presentation, and organization of data. It provides techniques and methodologies for understanding and making inferences from quantitative information. Statistics can be divided into two main categories: descriptive statistics, which summarizes and describes the characteristics of a data set, and inferential statistics, which uses a random sample of data to make inferences about a larger population. Through various methods, statistics help in making informed decisions, identifying trends, testing hypotheses, and predicting future outcomes based on past data. It plays a crucial role in many fields, including science, business, economics, healthcare, social sciences, and more. The application of statistical methods helps researchers and practitioners to analyze complex data and derive meaningful insights.