Economy, asked by naveenreddyb6581, 8 months ago

Discuss various statistical methods involved in statistics

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Answered by brinlyqueen
2

Answer:

Two main statistical methods are used in data analysis: descriptive statistics, which summarize data from a sample using indexes such as the mean or standard deviation, and inferential statistics, which draw conclusions from data that are subject to random variation (e.g., observational errors, sampling variation).

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