Week 1: Introduction to Statistics, Meaning of Statistics

Introduction to Statistics:

Father of Statistics Sir Ronald fisher.
 
Classical Definition:
 
Statistics is the process of identifying, organizing analyzing and interpreting the results and present the data.
 
Basic Statistical Concept:
 

  • Data
  • Population
  • Sample
  • Parameter
  • Statistic

Branches of Statistics:
 

  • Descriptive  Statistics (Describe the data)
  • Inferential Statistics  (draw the conclusion of results)