Statistics

Statistics

1. The word statistics have been derived from the latin word 'status'

   • Steps followed in statistics
     • Data collection
       • Data collection is the process of gathering and measuring information on targeted variables in an established system
         • It enables one to answer revelant questions and evaluate outcome
     • Presentation of data
       • The process of using various graphical formats to Visually represent relationship between two or more data sets so that an informed dicisson can be made based on them
         • Common types of graph
           • Piechart
           • Bar graph