In Simple language, Statistics is collecting the data, organizing it and then analyzing the data to make comparisons. Statistics is a part of applied mathematics. Modern Statistics also includes the designing analyzing the surveys, quantification of social and scientific aspects along with the principles of stats to understand the world around us. Because of the data being used now days in most of the areas of human workings, theories and methods of advanced Statistics have been applied mostly everywhere.
Descriptive Statistics: Descriptive Statistics means analyzing the data to describe it in meaningful way. However, we cannot have a conclusion depending on the descriptive data. Descriptive data further include:
- Measure of central tendency
- Measure of spread
Inferential Statistics: Inferential Statistics is the next process that comes after Descriptive Statistics. With the help of Inferential Statistics, we reach conclusion extending the immediate data alone. We use Inferential Statistics to have judgments or figuring out the results or conclusions. Inferential Statistics include
- Experimental Analysis
- Quasi- Experimental Analysis
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