Question
Explain briefly the methods of studying statistics.

Answer

The methods of studying statistics are:
  1. Descriptive Statistics: Descriptive statistics gives information that describes the data in some manner. It deals with the data related to every unit of population.
  2. Inferential Statistics: Inferential statistics makes inferences about the population on the basis of a sample drawn from the population.
A sample is a set of data collected from the population which represents the population. The results of the sample are deemed to hold true for the entire population.

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