Statistics is a branch of mathematics. The study of statistics involves the effective utilization of numerical data. Statistics as a subject mainly deals with the ways which are used for planning the effective data collection by the methods of experiments and surveys. In addition to this, it also helps in the interpretation of the data as well its analysis. Statistics is considered as a unique mathematical science since it has a major focus on the application of numerical data. In statistics, various statistical methods and models are given for the predication as well as forecasting of data. The main topics studied under statistics are mean, mode, median, standard deviation, regression analysis, factor analysis, etc. The study of statistics is not easy as a subject, as this requires a sound mathematical base as well as reasoning capacities in an individual. In addition to this, the learners are also required to learn long range of formulas and steps for such studies.
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