A branch of mathematics taking and transforming numbers into useful information for decision makers
Statistics
Methods for processing & analysing numbers
Methods for helping reduce the uncertainty inherent in decision making
Statistics is the science that deals with the collection, organization, presentation, analysis and interpretation of data to come up with meaningful numerical observations of almost any kind
Statistical data
Figures on important information's on tax return, populations, birth, deaths, trade and others that are considered important information to the state
Statistics plays an important role in gathering information that are observable or measurable on each and every individual or entity of the study
The information that will be gathered is based on the characteristics with which units of measurement of interest are being described or with which inferences are made