Question

Statistics is basically a mathematical science which includes col-

lection of data, analysing the data and to make necessary calcula-

tions on them so that meaningful conclusions can be made out

from the data. Statistics is having a major boom in modern days

and also has a wide range of applications in the world. Statistics is

of two types: descriptive statistics a method of collecting organis-

ing and presenting the data while inferential statistics is to draw

conclusions on the population based on the sample. In real scenar-

io, statistics deals with data collection. A data collection is pro-

cesses of collecting the relevant information from various sources

to perform necessary calculations in order to interpret the results

of the analysed data. Broad classification of the data based on

quantitative and qualitative analysis. Further, two types of data

collections are primary data and secondary data collection, while

former is collected to perform desired analysis while later is al-

ready complied and ready for the data analysis.(Refer [8-9]).

Regression and correlation analysis is basically a major aspect of

statistics which transferred statistics into a rigorous mathematical

discipline used for analysis not just in science but in industry,

politics, medical science, social science and many more areas.

Regression attempts to determine the strength of the relationship

between one dependent variable with respect to other changing

variables which are often referred to as independent variables.

(Refer [1-2], [4], [6-7]). In this article a secondary data collection

is carried out to perform a particular case study in India for the

period of 2004 to 2014 on health care expenditure to analyse its

effect using various statistical tools.​

Answer 1

conclusions on the population based on the

sample. In real scenar-

io, statistics deals with data collection. A data

collection is pro-