Statistical Analysis

Statistical Analysis

Statistical analysis is the process of using statistical techniques to summarize, analyze, and interpret data. It involves the collection and organization of data, the selection of appropriate statistical tests, and the interpretation of results. Statistical analysis is used to describe and understand data, make predictions about future outcomes, and test hypotheses. It is a fundamental tool in fields such as finance, economics, and the natural and social sciences, and is used to inform decision-making and guide policy.