Question

What do you mean by statistical methods? What are statistical tools?

Answer 1

Answer:

Statistical methods are mathematical formulas, models, and techniques that are used in statistical analysis of raw research data. The application of statistical methods extracts information from research data and provides different ways to assess the robustness of research outputs.

Statistical tools are involved in carrying out a study include planning, designing, collecting data, analysing, drawing meaningful interpretation and reporting of the research findings.

F-test, the t-tests, and regression analysis are some examples.

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Answer 2

The statistical tools are those tools by which the statistical methods are applied.

Explanation:

• Statistics is a broad scientific field that focuses on the collection, organization, and presentation of statistical data. Thus statistics apply to scientific, industrial, and social problems.

• Statistical methods are those that include the formula, models, and techniques of analysis of the research data.

• Two main types of statistical tools are used in data analysis which are descriptive stats and inferential statistics.

• Descriptive is concerned with the property of distribution, like central tendency and dispersion. The inferential is concerned with the testing of hypotheses and deriving estimates.

• Statistical tools includes T- test, F-test and regression analysis.

Learn more about the What do you mean by statistical methods? What are statistical tools.

• brainly.in/question/16688122 answered by JoshuaJaison.