Descriptive and Inferential Statistics
Learning Outcomes:-
Through this
module, you will gain understanding on:-
1. Descriptive and Inferential Statistics
Scope of
Statistics-
Scope (दायरा)
(B) Subject Matter of Statistics
Subject Matter
(विषय - वस्तु)
|
Descriptive statistics |
inferential statistics |
|
●
Describe the
characteristics of a particular dataset ●
Final result
is shown in the form of charts, graphs and tables ●
Explains the
data which is already known ●
Methods used
for collection, presentation as well as analysis of data ●
measures of
Central tendencies (Average Mean, Median, Mode) ●
Measures of
dispersion (Mean deviation, standard deviation) ●
Measures of
correlation |
●
All such
methods by which conclusions are drawn relating to the universe/population
on the basis of given sample ●
Involves
comparison, testing and prediction of data, determining the cause and effect
relationship, Hypothesis testing ●
end result in
the form of probability ●
Used to
explain the chances of occurrence of an event ●
Attempts to
reach conclusion about the population that extends beyond the data available
|
VIDEO DESCRIPTION (max 5,000 characters)
Difference between Descriptive and Inferential Statistics | Statistics for Economics | 11th Commerce | by @statomics11comm
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TAGS (csv)
Descriptive Statistics, Inferential Statistics, differences, Statistics for Economics, Statistics, Economics, 11th Commerce CBSE, 11th Commerce, CBSE, statomics11comm, class 11, hindi, in hindi
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