Amongst which of the following is / are the branch of statistics which deals with the development of statistical methods is classified as ___.Industry statisticsEconomic statisticsApplied statisticsNone of the mentioned above

______ is defined as the branch of science that deals with collection, presentation, organization, analysis, and interpretation of dataStatisticsDescriptive statistics

_______ is the branch of statistics that involves generalizing from a sample to the population from which the sample was selected and assessing the reliability of such generalizations.StatisticsDescriptive statisticsInferential statistic

Statistics has various applications in a business. Mention a scenario where you think statistics can be applied in business analytics.

Numerical and pictorial information about variables are calledanalytical statisticsdescriptive statisticsinferential statistics

What is the relation between statistics and calculus in business applications?