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Statistics is a field of social sciences in which we draw results on the basis of available data and can also forecast the results depending upon the nature of the data.
Hi Ali,
Good evening. In my opinion, statistics is the tool to analyze historical data using statistical method and infer the meaningful and insightful results which help to business world to make decision about the strategy which will help them to prevent the undue risk or improve their existing business or helps to enterprisers to establish their business.