Statistics is understood as one of the important and yet interesting subjects. Statistics is one of the subjects that include collecting, organizing and interpreting the available data. It is usually associated with statistical methods. There are different types of statistical subjects which include Descriptive Statistics and Inferential Statistics.
The Descriptive Statistics are quantitative and the analysis of these statistics depends on the college data. It also includes measures of mean, median and mode, along with dispersion, Standard Score and P-value. The Inferential Statistics is understood as the process of drawing the inferences and conclusions from the data set. As understood it is realized that there are tons of concepts that are covered under Statistics, it is too hard to name one by one. However, it is understood that there are various types of analysis including multi-variate and regression analysis.
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