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Statistics deals with collection, organisation, analysis and interpretation of data. The word 'statistics' has different meanings in different contexts.

A statistic is the descriptor of a set of sample data. Statistics is the broader concept of the process of designing, comparing, interpreting, and analyzing data.

Statistics is the science deals with collection, classification, summarizing, organizing and interpretation of data to make inference and draw conclusions based on data. While statistic (as a singular) is a single measure of some attribute of a sample.

Here's how you can learn statistics on your own in four easy steps: Study the core concepts. You can start learning statistics by studying the core concepts of the discipline. ... Learn the Bayesian and Frequentist approaches. ... Research machine learning. ... Collaborate with other data scientists.

?It is the mathematical science of making decisions and drawing conclusions from data in situation of. uncertainty.? Definition by Croxton and Cowden: ing to Croxton and Cowden statistics may be defined as. ?Statistics is the science of collection, presentation, analysis and interpretation of numerical data.?

Data is any numerical or. categorical data. Statistics is used to predict and make decisions. Describing is done through. statistical formulas, and analysis is interpretation of this data through statistical formula also.

A statistic is a number that represents a property of the sample. For example, if we consider one math class to be a sample of the population of all math classes, then the average number of points earned by students in that one math class at the end of the term is an example of a statistic.

Sir Ronald Aylmer Fisher, a British polymath, is widely regarded as the father of modern statistics. Born on 17 February 1890 in East Finchley, London, England, his extensive work in the fields of mathematics, statistics, biology, genetics, and academia, laid the foundations for modern statistical science.