Statistics

Definition

Statistics refers to the mathematical techniques and methods used to collect, analyze, interpret, and present data. It involves summarizing and making inferences about a population based on information obtained from a sample.

Related terms

Descriptive Statistics:

Involves organizing, summarizing, and presenting data using measures such as mean, median, mode, and standard deviation.

Inferential Statistics:

Involves drawing conclusions or making predictions about a larger population based on sample data.

Variable: A characteristic or attribute that can vary among individuals or objects being studied.