Practicing Success
What is the final step in the process of working with statistical data? |
Collection of data Presentation of data Calculation of numerical indices Analysis and interpretation of data |
Analysis and interpretation of data |
The correct answer is option 4: Analysis and interpretation of data Statistics involves collection of data. The next step is to present the data in tabular, diagrammatic and graphic forms. The data, then, are summarised by calculating various numerical indices, such as mean, variance, standard deviation, etc., that represent the broad characteristics of the collected set of information. Finally, the data are analysed and interpreted. |