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Statistics Definition - Javatpoint

  Statistics Definition In brief, it can be said that Statistics is an important process, and it becomes a critical factor when a decision is based on data. It is a branch of mathematics that deals with data. Statistics in Mathematics Statistics mainly involves data presentation, data gathering, comprehension, and analysis. The main objective of using statistics is to strategize the gathered data regarding statistical surveys and experimental designs. Statistics is also sometimes said to be a mathematical science that involves numerical data. Example of Statistics Determination number of students in the Class Calculation of poor and Rich people in the Class Number of malls in the city Types of Statistics Statistics has only two branches: Descriptive Statistics Inferential Statistics  Read more...