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What are Statistics?
Statistics is a subdivision of mathematics that deals with analyzing, collecting, interpreting, and understanding data. Furthermore, it is a field dealing with developing a thorough comprehension of data and manipulating it to solve the complicated issue of the multidimensional domain.
Statistics is a discipline that deals with gathering data, analyzing it thoroughly, and drawing a quantitative conclusion. Statistics are commonly used to analyze and anticipate actions to extend one's area of competence in a specific field of study. It is, however, not just a subject of research but also a current way of data computation.
Data may be defined as delineated information assets that display the quantitative and qualitative features of a variable or group of variables. In layman's terms, statistical data and information can be any set of data that defines a specific entity. For example, the academics in a particular class can be used as a sample of data. When you put those ages together, you get your data.
As a resident, set-in statistics are mentioned. A resident represents any complete set from which you obtain data in a specific place; however, this phrase is usually used to denote the number of persons in statistics.
Data
Data gather words, measurements, facts, such as numbers and observations, etc.
Types of Data
Quantitative type data- it is a type of arithmetical and mathematical information. An example of quantitative data is an Octopus is in an 8-legged living being.
Types of Quantitative Data
There are 2 types of quantitative data; those are given below:
Qualitative type data- it is descriptive, expressive, and graphic data. An example of qualitative data is he can dance very well; she is tall.
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