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The technique and science of developing human knowledge through the use of empirical data expressed in quantitative form is known as statistics. It is not a part of mathematics but a distinctive mathematical science. It involves the collection, analysis  and then summarization of the data into a numerical form. It is applicable to a wide range of academic disciplines such as Finance, Insurance, and Economics.  

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The reason behind the complexity of the subject and large number of students seeking help is 

  • It is difficult to understand the logic behind difficult statistical terms.  
  • A lot of technical terms are used which are difficult to interpret.  
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  • Methods used in statistics are difficult to comprehend. 
  • Calculations are difficult and tricky enough.  
  • Statistical models and patterns are interlinked and difficult to understand. 
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