Statistics deals with the data collection, organization, analysis, interpretation and presentation of various types of data which is a very complicated task in itself. Statistics plays a huge role in making the economic plans budget, estimation of all the demand what arises in a corporate, sales figure for any firm, maintaining the quality of the products, minimizing the cost, forecasting agriculture production. The various features of Statistics make its role important as a part of academic discipline. In other words we can say that the key goal of statistical research is to find the causality and to draw an ending on the result of changes in the value of the different variables. It doesnt give you the accurate facts and figures regarding to your data but it will helps you to calculate the rough estimate of any collection. A statistician is someone who is well-versed in the ways of thinking necessary for the successful application of statistical analysis. Such people have often gained experience through working in wide range of fields. There is also a discipline called mathematical statistics that studies statistics mathematically. There are two main branches of statistics 1. Descriptive Statistics the organization and description of the characterized data. Like: Mean, Mode, and Median 2. Inferential Statistics with the help of descriptive statistics to make appropriate guesses about something is the basic fallacies of inferential statistics. Staticians assume that the past is prologue to the future. Statistics starts with a question, not with data or information every time whenever we use statistic we are always in search to find the solution for a question. All Statistics are based on assumptions of data, Data in terms what we see, hear, smell, touch, feel etc. Statistics are mainly designed to transform data into accurate information, facts and make decisions using that information. Statistics is also used to measure or assess level of exactness of any particular data.

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