Statistics Practice Test Questions: Concept of Statistics — Flashcards | Statistics 101 | FatSkills

Statistics Practice Test Questions: Concept of Statistics — Flashcards

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Statistics  is the discipline that concerns the collection, organization, analysis, interpretation, and presentation of data.

Two main statistical methods are used in data analysis: descriptive statistics, which summarize data from a sample using indexes such as the mean or standard deviation, and inferential statistics, which draw conclusions from data that are subject to random variation (e.g., observational errors, sampling variation)

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A numerical value used as a summary measure for a sample, such as a sample mean, is known as a_______
Sample Statistic
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