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The two major areas of statistics are known as descriptive statistics, which describes the properties of sample and population data, and inferential statistics, which uses those properties to test hypotheses and draw conclusions.

Consider statistics as a problem-solving process and examine its four components: asking questions, collecting appropriate data, analyzing the data, and interpreting the results.

We begin by introducing two general types of statistics: Descriptive statistics: statistics that summarize observations. Inferential statistics: statistics used to interpret the meaning of descriptive statistics.

Descriptive statistics are used to summarize data in an organized manner by describing the relationship between variables in a sample or population. Calculating descriptive statistics represents a vital first step when conducting research and should always occur before making inferential statistical comparisons.

The two main branches of statistics are descriptive statistics and inferential statistics.

Statistics is defined as the science of collecting, organizing, presenting, analyzing and interpreting numerical data for the purpose of assisting in. making a more effective decision. Classifications: Depending on how data can be used, statistics is sometimes divided in to two main areas or branches.

5 basic statistics concepts Regression. Regression is a method for comparing two variables when one of them is independent and the other, or the others, depends on that first variable. ... Calculating the mean. ... Standard deviation. ... Sample size determination. ... Hypothesis testing.