Unlocking The Power Of Data: An Introduction To Statistics For Informed Decision Making

Define Statistics:

us the science of planning studies and experiments; obtaining data; and the organizing, summarizing, presenting, analyzing, and interpreting those data and then drawing a conclusions based on them.

Statistics is the branch of mathematics that deals with the collection, analysis, interpretation, presentation, and organization of data. It involves the application of various methods and techniques for gathering and analyzing data, and the use of statistical models to draw meaningful conclusions and make predictions. Statistics is widely used in many fields, including business, medicine, social sciences, engineering, and natural sciences, among others. Its purpose is to help individuals and organizations make informed decisions based on data.

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Population In Statistics: Definition, Importance, And Applications

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