Question

How does Statistics really works?

Answer 1

ola HHon Two main statistical methods are used n data analsis Descriphve Stetissticswhich summa rize data fram a samplt using indexe the mean ar standaxd deviation and inferential Statistieswhich draw Canelusion s from data that Sach as Ceg.obrervaHơng _ye subject to Yan dom/an at l envars sampling vaviation L] Fields where tou can apPly statistical methods mathematics. The form alas υ5ed in math are retiable butto get mare Precision an ek actness, statisticsme thods are imPrtant . Busines s E conommiCs county's Ad minis tration Ast . Banking Accoundting Auditing Natu ra) and Socia) science statistics is a byanch of mathamatics . Coll ecti,on aling u įth data org a nization analtsis interPretation and Pres en ta tion cs" also re-fers to number th at are used to describe data γ-relat-ons hips statistics +eaches people to use limited sarnple tn make intelligent and acc uvate Conelasionsabout a greater Po Pulation