Define Statistics In Mathematics

Probability and statistics are the two important concepts in maths.

Define statistics in mathematics. The mathematical science called statistics is what helps us to deal with this information overload. Statistics is the study of numerical information called data. Mathematical statistics is the application of probability theory a branch of mathematics to statistics as opposed to techniques for collecting statistical data. When data is collected summarized and represented as graphs we can look for trends and try to make predictions based on these facts.

Statistics is the study of the collection analysis interpretation presentation and organization of data. The study of statistics is an important foundation for data science big data and artificial intelligence. Some consider statistics to be a distinct mathematical science rather than a branch of mathematics. In other words it is a mathematical discipline to collect summarize data.

It helps to represent complicated data in a very easy and understandable way. How to collect analyze summarize and present it. Statistics is a form of mathematical analysis that uses quantified models representations and synopses for a given set of experimental data or real life studies. According to merriam webster dictionary statistics is defined as classified facts representing the conditions of a people in a state especially the facts that can be stated in numbers or any other tabular or classified arrangement.

Statisticians acquire organize and analyze data. Statistics is a branch of applied mathematics concerned with collecting organizing and interpreting data. A collection of quantitative data. Each part of this process is also scrutinized.

Whereas statistics is more about how we handle various data using different techniques. Probability is all about chance. Specific mathematical techniques which are used for this include mathematical analysis linear algebra stochastic analysis differential equations and measure theory. The data are represented by means of graphs.

The study of math statistics includes the collection analysis presentation and interpretation of data. A branch of mathematics dealing with the collection analysis interpretation and presentation of masses of numerical data. Statistics is also the mathematical study of the likelihood and probability of events occurring based on known quantitative data or a collection of data.