Statistics is a science of collecting, analyzing, representing, and interpreting numerical data.

It is applicable almost in all domains and all industries. It is not only about having data rather, it is about converting raw numerical data into informative and actionable data.

In general, statistics is divided into two major categories:

  1. Descriptive Statistics – It deals with analysis and description of particular population.
  2. Inferential Statistics – It deals with inferences made by analysis the sample of a population.

Leave a Reply

Your email address will not be published.