Monday, 19 October 2020

What are the basis of statistics?

Have you ever thought while learning statistics that what are the basis of statistics?. Ok let us learn briefly about the basis of statistics.

Basis of  statistics:

                * Statistics is a branch of science used in dealing with phenomena that can be described numerically by counts or by measurements.

                 * Thus, it refers quantitative information or the method of dealing with quantitative information.

                 * For example: It may relate to population, birth, production, fertility, sales profit, etc.

                 * Whenever numbers are collected, compiled and analyzed, they form statistics.

                  * The word statistics is used in two viz.

                                   * Singular 

                                   * Plural.

                   * In singular noun, it deals with collection, interpretation, of quantitative.

                   * In plural sense statistics denotes some numerical data such as birth, death, etc.

                   * The methods by which statistical data is collected is known as statistical methods.

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