Explain the branches of statistics.
Statistics is a study of presentation, analysis, collection, interpretation, and organization of data
There are two main branches of statistics
– Inferential Statistic.
– Descriptive Statistic.
Inferential statistics are used to make inferences and describe the population. These stats are more useful when it’s not easy or possible to examine each member of the population.
Descriptive statistics are used to get a summary of data. You can have the summary of data in numerical or graphical form.