9 Different Statistical Techniques
9 Different Statistical Techniques
Techniques
Learning Objective
To identify and describe
different statistical techniques
Key Understanding
Knowledge of the different statistical
techniques
Key Question
1. Descriptive Statistics
This describes a certain aspect of a data set by
making you calculate the Mean, Median, Mode
and Standard Deviation.
It tells about the placement or position of one
data item in relation to the other data, the extent
of the distribution or spreading out of data, and
whether they are correlations or regressions
between or among variables. This kind of
statistics does not tell anything about the
population.
Statistical Methodologies
2. Inferential Statistics
It is a branch of statistics that focuses on
conclusions, generalizations, predictions,
interpretations, hypotheses, and the like.