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Statistics is a branch of mathematics dealing with the collection, classification, analysis, interpretation and presentation of numerical data. Statistics can interpret aggregates of data too large to be intelligible by ordinary observation because such data (unlike individual quantities) tend to behave in a regular, predictable manner. It is subdivided into descriptive statistics and inferential statistics.
« Back to Glossary IndexStatistics is a branch of mathematics dealing with the collection, classification, analysis, interpretation and presentation of numerical data. Statistics can interpret aggregates of data too large to be intelligible by ordinary observation because such data (unlike individual quantities) tend to behave in a regular, predictable manner. It is subdivided into descriptive statistics and inferential statistics.