Introduction to Statistics

Statistics is the science of collecting, analyzing, and interpreting data. It is a powerful tool used in various fields, including business, healthcare, and social sciences. In this article, we will discuss the basic concepts of statistics.

Types of Data

Data can be classified into two main types: qualitative and quantitative. Qualitative data describes characteristics or qualities, while quantitative data represents numerical values. Understanding these types is essential for effective data analysis.

Statistics helps in making informed decisions based on data.

Mean, Median, and Mode

The mean is the average of a set of numbers, the median is the middle value, and the mode is the most frequently occurring value. These measures are fundamental in statistics and provide insights into data sets.