Statistics refers to the use of data to help its users in decision making. With an upsurge in the quantity of data around us, it is of integral importance to derive informative insights from it. The data collected could either be homogenous or heterogeneous, quantitative or qualitative. One needs to draw conclusions from the data set to determine the solution. Thus, Statistical Analysis involves a series of steps to be followed from data collection to data analysis and interpretation.
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