Wednesday, September 21, 2016

Statistics science or arts or both?

Statistics is the science of collecting, organizing, presenting, analyzing, and interpreting numerical data for the purpose of assisting in making a more effective decision.
Art, on the other hand, refers to the skill of handling facts so as to achieve a given objective. It is concerned with ways and means of presenting and handling data making inferences logically and drawing relevant conclusions. So, Statistics is both science and art.