Statistics is a branch of mathematics concerned with collecting, organizing, analyzing, and interpreting numerical data. It is recognized as a distinct scientific discipline due to its broad applications across numerous fields, including science, economics, healthcare, and social sciences. Guide to What is Statistics and its Meaning . Here we explain how statistics work, its application, types, roles, properties, and limitations. Master statistics in maths: learn definitions , types, formulas, and real-life applications with easy examples and exam tips. Statistics , the science of collecting, analyzing, presenting, and interpreting data. Currently the need to turn the large amounts of data available in many applied fields into useful information has stimulated both theoretical and practical developments in statistics .
