Understanding the Basics 📊
Statistics is a field of mathematics that deals with the collection, analysis, interpretation, and presentation of masses of numerical data. It is applicable in various fields like economics, medicine, engineering, and more!
Key Concepts 🧠
- Mean: The average of a dataset.
- Median: The middle value when data is ordered.
- Mode: The most frequently occurring value.
Statistics in Daily Life 🕒
From opinion polls and surveys to data analytics on your favorite websites, statistics is everywhere. It helps in making informed decisions based on numerical facts.
