Method Profile

Method Profile

Statistics

ABOUT

Statistics is branche of mathematics using quantified models, representations and synopses for a given set of experimental data or real-life studies. It uses methods of studying methodologies to gather, review, analyse and draw conclusions from data.

In general terms, statistics deals with the collection, analysis, interpretation, presentation, and organisation of masses of numerical data. Moreover, the collection of quantitive data is also part of statistics. Statistical measures may include mean, regression analaysis, skewness, kurtosis, variance and analysis of variance. Statistics is various discipline that can be applied to problems from various fields such as psychology, business, physical and social sciences, humanities, government and manufacturing.