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Data Analytics MCQs
Amongst which of the following is / are the branch of statistics which deals with the development of statistical methods is classified as ___
2. Amongst which of the following is / are the branch of statistics which deals with the development of statistical methods is classified as ___.
- Industry statistics
- Economic statistics
- Applied statistics
- None of the mentioned above
Answer: C) Applied statistics
Explanation:
The discipline of statistics that works with the development of statistical procedures is known as applied statistics. Planning for data collecting, maintaining data, analyzing, interpreting, and drawing conclusions from data, and finding issues, solutions, and opportunities utilizing analysis are all part of applied statistics. In data analysis and empirical research, these major fosters critical thinking and problem-solving skills.