Statistics is the branch of mathematics that deals with collecting, analyzing, interpreting, presenting, and organizing data. It provides tools for making informed decisions based on data, helping to understand trends and patterns in various fields such as economics, healthcare, and social sciences.
Through the use of statistical methods, researchers can draw conclusions from sample data and make predictions about larger populations. This process is essential for conducting experiments, surveys, and studies, allowing for evidence-based conclusions that can influence policy and practice in many areas of life.