Define statistics in singular sense ?

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Posted by Sunil Choudhary 4 years, 4 months ago
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Sia ? 4 years, 4 months ago
In singular sense, it means the science of counting or science of average. This definition has the following features:
Collection of data: Most of the statistical analysis is performed on the basis of collected data. The methods of data collection like primary and secondary, census and sampling etc. are related with data collection.
Organization of data: After collecting data, systematic arrangement is essential. They are organized and presented in table on the basis of rows and columns. This process is known as presentation of data.
Analysis of data: The organized data presented need to be analyzed. There are various tools of analysis in statistics like average, co-relation, regression, dispersion, etc.
Interpretation of data: After analysis, results are interpreted and conclusions are drawn. IT is the last and most essential part of the work. If findings are interpreted wrongly, wrong conclusion is obtained.
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