What are Statistics?
Statistics are
a series of mathematical equations that are used to analyse things. It is a
science that deals with developing and studying methods or collecting,
interpreting, and presenting empirical data. In synopsis, it is a collection of
tools that can be used to get answers to important questions about data.
Statistics
studies methodologies to collect, review, analyse and draw conclusions from
data. Two types of statistical methods are used to do the job, descriptive
statistics and inferential statistics. Australian statistics expert
help provides information that we use this subject in every aspect of
our lives, even at the origin stage of human beings.
Probability in
Statistics- Probability is the branch of mathematics concerned with calculating
the likelihood of a given event’s occurrence, which is described as a number
between 1and 0. For example, the probability of tossing a coin results in
either heads or tails, is 1, because this is the only option. Similarly, the
data used in statistical analyses usually involves some amount of chance. Today, probability
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Correlation in
Statistics- As the name suggests, relation, correlation is any statistical
association that indicates the extent to which two or more variables fluctuate
together. Correlation can be positive or negative.
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