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Frequently Asked Questions

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What is statistics

What is statistics ?

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Statistics involves a set of mathematical equations which can be used to analyse things. 

It keeps a person informed and gives real data that can be used to find out what is happening in the world. 

Statistical analysis involves calculations related to the statistical data where one can calculate measures of spread, measures of location, the future predictions and the related hypothesis. 

Some examples of statistical methods are Analysis of Variance (ANOVA), Correlation, Chi-squared test, factor analysis etc.

Date Published: Mar 19, 2020

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