answersLogoWhite

0

The statistics methods are loosely categorised in two separate concepts.

1. descriptive Statistics

2. Inferencial Statistics

Any treatment of data leading to collection presentation and summaries of numerical data is known as descriptive statistics.

Making general statements from the study of particular cases, or nay treatment of data that leads to prediction or inference concerning a larger group of data, is known as inferential statistics.

User Avatar

Wiki User

11y ago

What else can I help you with?

Continue Learning about Math & Arithmetic

What are the sub-branches of economics that relies on fields of statistics and mathematics?

Some of the sub-branches of economics that rely on fields of statistics and mathematics are econometrics, transport economics, managerial economics and international economics.


What are the three ways of presenting data in statistics?

Ways on how to present data: 1. Textual 2. Tabular 3. Graphical Now search for the branches under those topics!


Where you use rounded off numbers?

In different branches of math. For example. in statistics you nee d to find the standard deviation and your calculated number is an irrational number, you need to round it off.


Which are the fundamental branches of mathematics?

The fundamental branches of mathematics include arithmetic, which deals with numbers and basic operations; geometry, focusing on shapes, sizes, and properties of space; algebra, which involves symbols and the rules for manipulating them; and calculus, which studies change through limits, derivatives, and integrals. Additionally, there are other important branches such as statistics, probability, and discrete mathematics, each serving distinct purposes and applications in various fields. Together, these branches form the foundation for more advanced mathematical concepts and theories.


Types of statistics?

There are two types of statistics. One is called descriptive statistics and the other is inferential statistics. Descriptive statistics is when you use numbers. Inferential statistics is when you draw conclusions or make predictions.

Related Questions

What are the main branches of statistics?

The two main branches of statistics is Descriptive statistics and inferential statistics.


What are the sub-branches of economics that relies on fields of statistics and mathematics?

Some of the sub-branches of economics that rely on fields of statistics and mathematics are econometrics, transport economics, managerial economics and international economics.


Why should someone study statistics?

Statistics is one of the most useful branches of mathematics. Most importantly, statistics provide data to conduct effective research. Studying statistics will help a student develop critical and analytical skills.


Five branches of math that are not algebra?

Geometry,trigonometry,calculus,statistics,discrete structures,arithmetic


Why need the statistics in medical sciences?

Statistical analysis is important in many branches of science. When understood and correctly applied, statistics can help us decide whether or not the results of a research project support the initial claim of the researchers.


How is economics like science?

Economics like science in every single aspect as it uses computations and statistics in providing solutions to the economy. This is actually one of the branches of science.


How many metallurgical engineers are there?

There are no statistics for how many metallurgical engineers there are. However, like all branches of scientists, there are a good number of them, some engaged in fieldwork, some in research.


How many people sign up for the armed forces per year?

In 2008, all branches combined, brought in 32,984 new members. Yearly statistics vary, much depending on war, and peace times. More statistics can be found in the related links below.


What is research in Mathematics?

The research of Mathematics is the study of Mathematics with the goal of expanding the usefulness and completeness of the subject. Mathematics has many, many branches which focus on different topics, such as the study of surfaces (Topology) and shapes (Geometry). Many applied sciences such as Statistics and Computer Science are branches of Mathematics. Modern advanced Physics relies heavily on different branches of Mathematics.


What are the three ways of presenting data in statistics?

Ways on how to present data: 1. Textual 2. Tabular 3. Graphical Now search for the branches under those topics!


Where you use rounded off numbers?

In different branches of math. For example. in statistics you nee d to find the standard deviation and your calculated number is an irrational number, you need to round it off.


Which bank has the minimum number of branches in India?

As of my last update, specific data on the bank with the minimum number of branches in India can vary frequently. However, smaller regional banks or new banks often have fewer branches compared to larger, established banks. For the most accurate and current information, it's best to check the latest statistics from the Reserve Bank of India or individual bank reports.