6. Analyzing
Refers to the process
of extracting from the
data relevant
information to make
numerical description
7. Interpretation
refers to the task of
drawing conclusions
making forecast or
predictions based on
the data collected
8. 2 Major Areas/Fields in
Statistics
1. Descriptive Statistics
Deals with the method of collecting,
organizing, presenting, and
describing the computed data by
using tables and graphs
2. Inferential Statistics
deals with the information,
inferences, and implication regarding
the population