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Published in:
2013 | OriginalPaper | Chapter
The Basics of Statistical Inference
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Abstract
Statistics is a branch of mathematics that focuses on the collection, presentation, and analysis of quantitative information. Generally speaking, there are two kinds of statistics: descriptive and inferential. Descriptive statistics summarize information; examples include averages, medians, minimums and maximums, percentages, charts, and graphs. Descriptive statistics are used to describe what is going on in the data.