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Statistics is a mathematical science pertaining to collection, analysis, interpretation and presentation of data. It is applicable to a wide variety of academic disciplines from the physical and social sciences to the humanities, as well as to business, government, medicine and industry.
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More Details:
Statistics is a mathematical science pertaining to collection, analysis, interpretation and presentation of data. It is applicable to a wide variety of academic disciplines from the physical and social sciences to the humanities, as well as to business, government, medicine and industry.
Given a collection of data, statistics may be employed to summarize or describe the data; this use is called descriptive statistics. In addition, patterns in the data may be modeled, in a way that accounts for randomness and uncertainty in the observations, in order to draw inferences about the larger population; this use is called inferential statistics. Both of these uses may be termed applied statistics. There is also a discipline of mathematical statistics concerned with the theoretical basis of the subject.
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