Applications
Applied statistics, theoretical statistics and mathematical statistics edit Applied statistics comprises descriptive statistics and the application of inferential statistics. Theoretical statistics concerns the logical arguments underlying justification of approaches to statistical inference, as well as encompassing mathematical statistics . Mathematical statistics includes not only the manipulation of probability distributions necessary for deriving results related to methods of estimation and inference, but also various aspects of computational statistics and the design of experiments. Statistical consultants can help organizations and companies that don't have in-house expertise relevant to their particular questions. Machine learning and data mining edit Machine learning models are statistical and probabilistic models that capture patterns in the data through use of computational algorithms. Statistics in academia edit Statistics is applicable to a wide variety of academic di...
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