STA1501 Descriptive Statistics and Probability (STA1501)

STA1501 EXAM PACK 2022. Definition: The branch of mathematics that deals with the collection, organization, analysis, and interpretation of numerical data in order to make decisions. Statistics involves planning an experiment, obtaining the relevant data, analysing the data obtained, and interpreting and drawing conclusions (inferences) from the data. All decisions we make involve uncertainty about the outcome, things could turn out in many different ways, but we don’t know how probable e...

STA1501 EXAM PACK 2022. STA1501 - Descriptive Statistics And Probability Introduction and Data Collection Introduction to statistics Definition: The branch of mathematics that deals with the collection, organization, analysis, and interpretation of numerical data in order to make decisions. Statistics involves planning an experiment, obtaining the relevant data, analysing the data obtained, and interpreting and drawing conclusions (inferences) from the data. All decisions we make involve...