Question
Explain briefly the subject matter or statistics.
Solution
The subject matter of statistics can be classified into two parts :
1. Statistical methods : These are the procedures used in the collection, organization, summary and interpretation of data. It includes the following :
1. Collection of data.
2. Summarization of data
3. Presentation of data
4. Analysis of data
5. Interpretation of data
2. Applied statistics : Applied statistics refers to the application of statistical methods which tell us how to describe the features of data. This is the practical part of statistics.
