Descriptive statistics is the discipline of quantitatively describing the main features of a collection of information, or the quantitative description itself. Descriptive statistics are distinguished from inferential statistics (or inductive statistics), in that descriptive statistics aim to summarize a sample, rather than use the data to learn about the population that the sample of data is thought to represent.
Statistical inference is the process of drawing conclusions from data that are subject to random variation, for example, observational errors or sampling variation. Initial requirements of such a system of procedures for inference and induction are that the system should produce reasonable answers when applied to well-defined situations and that it should be general enough to be applied across a range of situations. Inferential statistics are used to test hypotheses and make estimations using sample data.
Variable (mathematics), a symbol that represents a quantity in a mathematical expression, as used in many sciences
Qualitative Variables or Categorical Variable
Also known as categorical variables, qualitative variables are variables with no natural sense of ordering. They are therefore measured on a nominal scale. For instance, hair colour (Black, Brown, Gray, Red, and Yellow) is a qualitative variable, as is name (Adam, Becky, Christina, Dave . . .). Qualitative variables can be coded to appear numeric but their numbers are meaningless, as in male=1, female=2.
Quantitative Variable
Variables that have are measured on a numeric or quantitative scale. Ordinal, interval and ratio scales are quantitative. A country’s population, a person’s shoe size, or a car’s speeds are all quantitative variables.
Discrete