Statistics encompasses collecting, summarizing, and analyzing numerical and categorical data, probability, and hypothesis testing to reveal patterns and make informed decisions.
|PDF Title||Essential Statistics|
|File Size||13.5 MB|
- Statistics involves collecting, organizing, and analyzing data to find patterns.
- Data can be numerical like numbers or categorical like characteristics.
- Measures like mean, median, and mode describe the center and spread of data.
- Probability calculates the chance of something happening.
- Hypothesis testing uses samples to draw conclusions about larger populations.
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