## What Is Statistics?

What Is Statistics? Statistics is a branch of applied mathematics that comprises the collection, description, study, and deduction of conclusions from quantitative data. It is supported by mathematical theories that depend on integral and differential calculus, linear algebra, and probability theory. People who do statistics (statisticians) determine how to infer accurate conclusions about general events and a large population, based on observable characteristics such as behavior. What Is Statistical Data Statistical data are single pieces of factual information recorded and used for analysis. Statistics are created from this raw information. Statistics, on the other hand, are the results of the interpretation and presentation of data analysis. The analysis involves some level of computation to shed light on the meaning of the data. Statistical data is mostly presented on a graph, chart, or table.  Types of Statistics There are two main categories of statistics: Descriptive statistics Inferential statistics Descriptive Statistics Here the data is represented in a summarized way. You summarize this data from a sample of the...