Statistical Science
Statistical Science is the field that focuses on collecting, analyzing, interpreting, and presenting data. It uses mathematical theories and methodologies to understand patterns and trends within data sets. This discipline is essential in various areas, including healthcare, economics, and social sciences, where data-driven decisions are crucial.
Statistical Science employs tools such as probability theory, hypothesis testing, and regression analysis to draw conclusions from data. By applying these techniques, statisticians can make predictions, assess risks, and inform policy-making. The insights gained from statistical analysis help organizations and researchers make informed choices based on empirical evidence.