Traditional statistics (descriptive and inferential)

The use of statistics in data science - University of York Traditional statistics function as a toolkit to assist us in interpreting data in many ways. In a sense, descriptive statistics represent a moment in time in the data's appearance. They aid in our understanding of properties of the data by summarising and describing its key elements, such as averages, percentages, and graphs. Conversely, inferential statistics enable us to extrapolate conclusions or forecasts about a broader population from a smaller sample. To test theories, arrive at judgements, and comprehend correlations between various variables, we employ inferential statistics. When combined, descriptive and inferential statistics provide us with a strong framework for comprehending and interpreting the world around us through  numbers and data.

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