Summary of what we have studied till now

Statistics is a branch of mathematics which deals with defining, collecting, org

anizing, visualizing and analyzing relevant data. Now a days we can find huge am
ount of data everywhere so it is becoming difficult for a manager to deal with i
t. By knowing statistics managers or business leaders can develop their own insi
ghts about dealing with those data. To properly apply statistics we should follo
w a framework known as DCOVA(Define, Collect, Organize, Visualize, Analyze) to m
inimize error.