What are the two branches of statistics?
- Descriptive and hypothetical
- Descriptive and inferential
- Inferential and hypothetical
- Predictive and inferential
The two main branches of statistics are descriptive and inferential. Descriptive statistics involves methods of organizing, picturing, and summarizing information from data. It provides simple summaries about the sample and measures, such as mean, median, mode, etc. Inferential statistics, on the other hand, involves methods of using information from a sample to draw conclusions (inferences) about the population. It includes various techniques like hypothesis testing, regression analysis, etc.
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