Tuesday, 20 October 2020

Statistical methods:

Statistical methods:

     Collection of data:

                * It is the first important step which is, collecting the data.
                * Planning is very important while collecting the data.
                * Different methods of collecting the data are:
                                  * Census.
                                  * Sampling.
                                  * Primary
                                  * Secondary.

      Presentation of Data:

                 * The collected data must be presented in a suitable manner.
                 * The collected data must be presented in the form of tabular or diagrammatic or in a graph form.

     Analysis of Data:
   
                 * The data presented must be carefully analyzed from the presented data.

      Interpretation of data:
 
                  * The final step is drawing conclusions from the data collected.
                  * Experience is necessary for the interpretation.

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