What is Statistics?

• Everyday we come across a lot of information in the form of facts, numerical figures, tables, graphs, etc.

 

• These facts or figures, which are numerical or otherwise, collected with a definite purpose are called data.

 

• So, it becomes essential for us to know how to extract meaningful information from such data.

 

• This extraction of meaningful information is studied in a branch of mathematics called Statistics.

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Updated on: 10-Oct-2022

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